Mutual Trend Analysis Report
Prepared for you on Friday, April 20, 2018.
FT 6098: MUNI ADVANTAGE CLOSED-END & ETF PORTFOLIO SERIES 35 (NASDAQ:FTUCBX)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 FTUCBX
The long term trend has been DOWN since Nov 10th, 2017 at 9.1000
The intermediate term trend has been UP since Mar 28th, 2018 at 8.7715
The short term trend has been UP since Apr 13th, 2018 at 8.7779
Smart Scan Analysis for FTUCBX
Based on a pre-defined weighted trend formula for chart analysis, FTUCBX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.23||52wk High Date||2017-10-13|
|52wk Low||8.73||52wk Low Date||2018-03-21|
|Year End Close||9.0985||Payment Date||2018-04-25|