Mutual Trend Analysis Report
Prepared for you on Friday, July 20, 2018.
FIRST TRUST 3820 HIGH YIELD CORPORATE TRUST SHORT INTERMEDIATE SERIES 7 (NASDAQ:FRUHGX)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management 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 UP since Mar 8th, 2018 at 82.669998
The intermediate term trend has been UP since Apr 13th, 2018 at 82.970001
The short term trend has been DOWN since Jun 29th, 2018 at 86.139999
Smart Scan Analysis for FRUHGX
Based on a pre-defined weighted trend formula for chart analysis, FRUHGX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||131.93||52wk High Date||2017-08-03|
|52wk Low||48.68||52wk Low Date||2018-07-17|
|Year End Close||73.949997||Yield||7.14|