Mutual Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
FT 6058: COVERED CALL SELECT CLOSED-END PORTFOLIO SERIES 54 (NASDAQ:FQLOJX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 FQLOJX
The long term trend has been DOWN since Dec 7th, 2017 at 10.4851
The intermediate term trend has been UP since Apr 16th, 2018 at 10.2533
The short term trend has been DOWN since Apr 20th, 2018 at 10.3343
Smart Scan Analysis for FQLOJX
Based on a pre-defined weighted trend formula for chart analysis, FQLOJX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.03||52wk High Date||2017-11-06|
|52wk Low||9.9||52wk Low Date||2018-02-08|
|Year End Close||10.6325||Payment Date||2018-04-25|