Mutual Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
FT 6366: COVERED CALL SELECT CLOSED-END PORTFOLIO SERIES 57 (NASDAQ:FQMCPX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 FQMCPX
The long term trend has been UP since Jun 4th, 2018 at 10.7944
The intermediate term trend has been DOWN since Aug 13th, 2018 at 10.6823
The short term trend has been UP since Aug 17th, 2018 at 10.6746
Smart Scan Analysis for FQMCPX
Based on a pre-defined weighted trend formula for chart analysis, FQMCPX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.22||52wk High Date||2018-01-26|
|52wk Low||10.14||52wk Low Date||2018-02-08|
|Year End Close||10.8975||Payment Date||2018-08-25|