Mutual Trend Analysis Report
Prepared for you on Wednesday, September 20, 2017.
FIRST TRUST 3707 HOMEBUILDERS RECOVERY PORTFOLIO SERIES 3 (NASDAQ:FRUHEX)
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 FRUHEX
The long term trend has been DOWN since Aug 10th, 2017 at 11.4101
The intermediate term trend has been DOWN since Jul 27th, 2017 at 11.5673
The short term trend has been UP since Aug 30th, 2017 at 11.3424
Smart Scan Analysis for FRUHEX
Based on a pre-defined weighted trend formula for chart analysis, FRUHEX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||12.08||52wk High Date||2017-06-02|
|52wk Low||10.1||52wk Low Date||2016-12-30|
|Year End Close||10.1038||Payment Date||2017-06-25|