Mutual Trend Analysis Report
Prepared for you on Thursday, April 26, 2018.
FT 7016: MUNI INCOME OPPORTUNITIES CLOSED-END PORTFOLIO SERIES 4 (NASDAQ:FTJRNX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 FTJRNX
The long term trend has been DOWN since Oct 18th, 2017 at 9.8663
The intermediate term trend has been UP since Apr 5th, 2018 at 8.9089
The short term trend has been DOWN since Apr 9th, 2018 at 8.9277
Smart Scan Analysis for FTJRNX
Based on a pre-defined weighted trend formula for chart analysis, FTJRNX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.87||52wk High Date||2017-10-16|
|52wk Low||8.77||52wk Low Date||2018-04-25|
|Year End Close||9.5198||Payment Date||2018-04-25|