Mutual Trend Analysis Report
Prepared for you on Saturday, March 17, 2018.
FT 6009: LTD DURATION FIXED INCOME ETF PORTFOLIO SERIES 15 (NASDAQ:FNGMCX)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.
MarketClub’s Trade Triangles for FNGMCX
The long term trend has been DOWN since Nov 9th, 2017 at 9.6778
The intermediate term trend has been UP since Mar 6th, 2018 at 9.6217
The short term trend has been UP since Mar 14th, 2018 at 9.6090
Smart Scan Analysis for FNGMCX
Based on a pre-defined weighted trend formula for chart analysis, FNGMCX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.78||52wk High Date||2017-08-01|
|52wk Low||9.54||52wk Low Date||2018-02-09|
|Year End Close||9.7006||Payment Date||2018-03-25|