Mutual Trend Analysis Report
Prepared for you on Sunday, March 18, 2018.
INVESCO ENERGY FUND INVESTOR CL (NASDAQ:FSTEX)
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 FSTEX
The long term trend has been UP since Sep 20th, 2017 at 23.45
The intermediate term trend has been UP since Dec 26th, 2017 at 24.70
The short term trend has been DOWN since Jan 16th, 2018 at 26.96
Smart Scan Analysis for FSTEX
Based on a pre-defined weighted trend formula for chart analysis, FSTEX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||26.96||52wk High Date||2018-01-12|
|52wk Low||21.22||52wk Low Date||2017-08-17|
|Year End Close||25.06|