Mutual Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
FT 6617: MUNI INCOME OPPORTUNITIES CLOSED-END PORTFOLIO SERIES 4 (NASDAQ:FVKPLX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 FVKPLX
The long term trend has been UP since Jun 1st, 2018 at 9.1074
The intermediate term trend has been UP since May 24th, 2018 at 9.0123
The short term trend has been UP since Jun 27th, 2018 at 9.0314
Smart Scan Analysis for FVKPLX
Based on a pre-defined weighted trend formula for chart analysis, FVKPLX scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.97||52wk High Date||2017-08-01|
|52wk Low||8.89||52wk Low Date||2018-04-25|
|Year End Close||9.6381||Payment Date||2018-06-25|