Mutual Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
FT 6523: MUNI INCOME PLUS CLOSED-END PORTFOLIO SERIES 59 (NASDAQ:FQINGX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 FQINGX
The long term trend has been DOWN since Sep 17th, 2018 at 8.8523
The intermediate term trend has been UP since Nov 9th, 2018 at 8.4405
The short term trend has been UP since Nov 26th, 2018 at 8.4297
Smart Scan Analysis for FQINGX
Based on a pre-defined weighted trend formula for chart analysis, FQINGX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.68||52wk High Date||2017-12-06|
|52wk Low||8.35||52wk Low Date||2018-11-02|
|Year End Close||9.5315||Payment Date||2018-11-25|