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Mutual Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
THE FIRST TRUST COMBINED SERIES 566: INVESTMENT GRADE MULTI-ASSET INCO (NASDAQ:FTBGRX)
Long-Term Downtrend (-90) - FTBGRX is in a strong downtrend that is likely to continue. While FTBGRX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FTBGRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTBGRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FTBGRX
The long-term trend has been DOWN since Apr 10th, 2024 at 914.03
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 919.57
The short-term trend has been DOWN since Apr 5th, 2024 at 918.79
Smart Scan Analysis for FTBGRX
Based on our trend formula, FTBGRX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 896.70 | 896.70 | 896.70 | 897.61 | +5.41 |
| Prev. Close | Volume | Bid | Ask | Time |
| 902.21 | 0 | 902.11 | 1148.07 | 2024-04-17 18:45:00 |
| 52wk High | 1148.07 | 52wk High Date | 2024-04-30 |
| 52wk Low | 847.58 | 52wk Low Date | 2023-10-19 |
| Year End Close | 946.15 | Payment Date | 2023-09-25 |