Mutual Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
FT 6435: CALIFORNIA MUNI INCOME SELECT CLOSED-END PORTFOLIO SERIES (NASDAQ:FQRMVX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 FQRMVX
The long term trend has been DOWN since Sep 14th, 2018 at 8.7832
The intermediate term trend has been UP since Nov 7th, 2018 at 8.4020
The short term trend has been DOWN since Nov 16th, 2018 at 8.4513
Smart Scan Analysis for FQRMVX
Based on a pre-defined weighted trend formula for chart analysis, FQRMVX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.79||52wk High Date||2017-12-06|
|52wk Low||8.33||52wk Low Date||2018-10-15|
|Year End Close||9.582||Payment Date||2018-11-25|