Mutual Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
FIRST INVESTORS OREGON TAX EXEMPT FUND CL B (NASDAQ:FTOBX)
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 FTOBX
The long term trend has been DOWN since Oct 6th, 2017 at 13.32
The intermediate term trend has been DOWN since Jul 23rd, 2018 at 12.94
The short term trend has been DOWN since Aug 29th, 2018 at 12.94
Smart Scan Analysis for FTOBX
Based on a pre-defined weighted trend formula for chart analysis, FTOBX scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||13.38||52wk High Date||2017-09-22|
|52wk Low||12.81||52wk Low Date||2018-09-19|
|Year End Close||13.27|