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Mutual Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
THE FIRST TRUST COMBINED SERIES 505: INVESTMENT GRADE MULTI-ASSET INCO (NASDAQ:FNSVRX)
Long-Term Downtrend (-90) - FNSVRX is in a strong downtrend that is likely to continue. While FNSVRX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FNSVRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FNSVRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FNSVRX
The long-term trend has been DOWN since Mar 1st, 2023 at 784.92
The intermediate-term trend has been DOWN since Feb 5th, 2024 at 705.57
The short-term trend has been DOWN since Apr 5th, 2024 at 661.17
Smart Scan Analysis for FNSVRX
Based on our trend formula, FNSVRX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 656.45 | 656.45 | 656.45 | 656.27 | +1.10 |
| Prev. Close | Volume | Bid | Ask | Time |
| 656.52 | 0 | 657.55 | 1138.15 | 2024-04-17 20:00:00 |
| 52wk High | 1138.15 | 52wk High Date | 2024-04-24 |
| 52wk Low | 655.98 | 52wk Low Date | 2024-04-18 |
| Year End Close | 708.1 | Payment Date | 2024-04-25 |