Mutual Trend Analysis Report
Prepared for you on Saturday, April 21, 2018.
FIRST TRUST 3820 HIGH YIELD CORPORATE TRUST SHORT INTERMEDIATE SERIES 7 (NASDAQ:FRUHGX)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 UP since Mar 8th, 2018 at 82.669998
The intermediate term trend has been UP since Feb 22nd, 2018 at 82.120003
The short term trend has been UP since Mar 28th, 2018 at 82.050003
Smart Scan Analysis for FRUHGX
Based on a pre-defined weighted trend formula for chart analysis, FRUHGX scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||135.77||52wk High Date||2017-05-03|
|52wk Low||73.95||52wk Low Date||2017-12-29|
|Year End Close||73.949997||Yield||7.14|