Mutual Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
THE FIRST TRUST COMBINED SERIES 364 TAX EXEMPT MUNI INCOME TRUST (NASDAQ:FTKICX)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 FTKICX
The long term trend has been DOWN since Jul 5th, 2017 at 1024.689941
The intermediate term trend has been DOWN since Jun 7th, 2018 at 982.799988
The short term trend has been DOWN since Jun 22nd, 2018 at 953.340027
Smart Scan Analysis for FTKICX
Based on a pre-defined weighted trend formula for chart analysis, FTKICX scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1028.19||52wk High Date||2017-09-08|
|52wk Low||917.31||52wk Low Date||2018-07-09|
|Year End Close||1002.01001||Yield||4.42|