Mutual Trend Analysis Report
Prepared for you on Saturday, January 20, 2018.
FIRST TRUST 3820 HIGH YIELD CORPORATE TRUST SHORT INTERMEDIATE SERIES 7 (NASDAQ:FRUHGX)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 FRUHGX
The long term trend has been DOWN since Oct 5th, 2016 at 284.920013
The intermediate term trend has been UP since Jan 16th, 2018 at 76.870003
The short term trend has been UP since Jan 12th, 2018 at 76.540001
Smart Scan Analysis for FRUHGX
Based on a pre-defined weighted trend formula for chart analysis, FRUHGX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||172.75||52wk High Date||2017-02-07|
|52wk Low||73.95||52wk Low Date||2017-12-29|
|Year End Close||73.949997||Yield||7.14|