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Mutual Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

FIRST TRUST 3964 CORPORATE HIGH INCOME PORTF SERIES 7 (NASDAQ:FNDSHX)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_FNDSHX
Open High Low FNDSHX Price Change
637.160000 637.160000 637.160000 637.160000 -0.390015
Entry Signal

MarketClub’s Trade Triangles for FNDSHX

long term down The long term trend has been DOWN since Dec 27th, 2016 at 812.830017

intermediate term down The intermediate term trend has been DOWN since Aug 9th, 2018 at 708.940002

short term up The short term trend has been UP since Nov 28th, 2018 at 638.260032

Smart Scan Analysis for FNDSHX

Based on a pre-defined weighted trend formula for chart analysis, FNDSHX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for FNDSHX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
637.160000 637.160000 637.160000 637.160000 -0.390015
Prev. Close Volume Bid Ask Time
637.160000 0 2018-12-07 00:00:00
52wk High774.0852wk High Date2017-12-14
52wk Low637.6152wk Low Date2018-11-20
Year End Close771.380032Yield5.14
Payment Date2018-11-25
Want to analyze FIRST TRUST 3964 CORPORATE HIGH INCOME PORTF SERIES 7 FNDSHX or another symbol? Try our Free Mutual Trend Analysis Report.