Mutual Trend Analysis Report
Prepared for you on Saturday, December 15, 2018.
FT 6488: MUNI ADVANTAGE CLOSED-END & ETF PORTFOLIO SERIES 40 (NASDAQ:FTUWAX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 FTUWAX
The long term trend has been DOWN since Nov 10th, 2017 at 9.7574
The intermediate term trend has been UP since Nov 28th, 2018 at 9.1862
The short term trend has been UP since Nov 23rd, 2018 at 9.1563
Smart Scan Analysis for FTUWAX
Based on a pre-defined weighted trend formula for chart analysis, FTUWAX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.83||52wk High Date||2017-12-06|
|52wk Low||9.14||52wk Low Date||2018-11-08|
|Year End Close||9.7268||Payment Date||2018-11-25|