Mutual Trend Analysis Report
Prepared for you on Thursday, August 16, 2018.
THE FIRST TRUST COMBINED SERIES 466: TAX EXEMPT MUNI INCOME TRUST (NASDAQ:FQDTLX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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.
MarketClub’s Trade Triangles for FQDTLX
The long term trend has been DOWN since Jan 29th, 2018 at 1062.569946
The intermediate term trend has been DOWN since Jul 23rd, 2018 at 1048.250000
The short term trend has been DOWN since Jul 20th, 2018 at 1049.500000
Smart Scan Analysis for FQDTLX
Based on a pre-defined weighted trend formula for chart analysis, FQDTLX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1085.09||52wk High Date||2017-12-06|
|52wk Low||1038.51||52wk Low Date||2018-04-25|
|Year End Close||1079.839966||Yield||3.8|