Mutual Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
THE FIRST TRUST COMBINED SERIES 467: INVESTMENT GRADE MULTI-ASSET INC (NASDAQ:FVERAX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 FVERAX
The long term trend has been DOWN since Dec 19th, 2017 at 1050.319946
The intermediate term trend has been DOWN since Sep 7th, 2018 at 1017.219968
The short term trend has been UP since Nov 12th, 2018 at 1002.550016
Smart Scan Analysis for FVERAX
Based on a pre-defined weighted trend formula for chart analysis, FVERAX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1055.15||52wk High Date||2017-11-27|
|52wk Low||1001.27||52wk Low Date||2018-11-08|
|Year End Close||1050.24||Yield||3.73|