Mutual Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
THE FIRST TRUST COMBINED SERIES 539: INVESTMENT GRADE MULTI-ASSET INC (NASDAQ:FTCOGX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 FTCOGX
The long term trend has been DOWN since Feb 1st, 2018 at 1141.609985
The intermediate term trend has been DOWN since Sep 4th, 2018 at 1117.089966
The short term trend has been UP since Sep 21st, 2018 at 1099.020032
Smart Scan Analysis for FTCOGX
Based on a pre-defined weighted trend formula for chart analysis, FTCOGX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1181.24||52wk High Date||2017-12-15|
|52wk Low||1094.47||52wk Low Date||2018-09-19|
|Year End Close||1174.230016||Payment Date||2018-09-25|