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Mutual Trend Analysis Report

Prepared for you on Tuesday, September 18, 2018.

THE FIRST TRUST COMBINED SERIES 324 BUILD AMERICA BONDS PORTF SERIES 16 (NASDAQ:FTMBAX)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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.

NASDAQ_FTMBAX
Open High Low FTMBAX Price Change
853.500032 853.500032 853.500032 853.500032 -0.049988
Entry Signal

MarketClub’s Trade Triangles for FTMBAX

long term down The long term trend has been DOWN since Dec 11th, 2017 at 888.179993

intermediate term down The intermediate term trend has been DOWN since Sep 4th, 2018 at 860.349952

short term down The short term trend has been DOWN since Sep 11th, 2018 at 855.539968

Smart Scan Analysis for FTMBAX

Based on a pre-defined weighted trend formula for chart analysis, FTMBAX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for FTMBAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
853.500032 853.500032 853.500032 853.500032 -0.049988
Prev. Close Volume Bid Ask Time
853.500032 2018-09-18 00:00:00
52wk High903.7552wk High Date2017-09-25
52wk Low853.552wk Low Date2018-09-17
Year End Close885.729984Yield5.3
Payment Date2018-09-25
Want to analyze THE FIRST TRUST COMBINED SERIES 324 BUILD AMERICA BONDS PORTF SERIES 16 FTMBAX or another symbol? Try our Free Mutual Trend Analysis Report.