Mutual Trend Analysis Report
Prepared for you on Tuesday, November 20, 2018.
THE FIRST TRUST COMBINED SERIES 471: TAX EXEMPT MUNI INCOME TRUST (NASDAQ:FUELAX)
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 FUELAX
The long term trend has been DOWN since Jan 29th, 2018 at 1080.540039
The intermediate term trend has been UP since Nov 16th, 2018 at 1035.329984
The short term trend has been UP since Nov 7th, 2018 at 1026.560064
Smart Scan Analysis for FUELAX
Based on a pre-defined weighted trend formula for chart analysis, FUELAX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1105.72||52wk High Date||2017-12-06|
|52wk Low||1025.13||52wk Low Date||2018-11-06|
|Year End Close||1100.16||Yield||3.9|