Mutual Trend Analysis Report
Prepared for you on Tuesday, January 16, 2018.
FT 6879: COVERED CALL SELECT CLOSED-END PORTFOLIO SERIES 62 (NASDAQ:FVLKSX)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 FVLKSX
The long term trend has been UP since Oct 5th, 2017 at 9.7903
The intermediate term trend has been UP since Dec 15th, 2017 at 9.8223
The short term trend has been UP since Jan 12th, 2018 at 9.9958
Smart Scan Analysis for FVLKSX
Based on a pre-defined weighted trend formula for chart analysis, FVLKSX scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.1||52wk High Date||2018-01-08|
|52wk Low||9.29||52wk Low Date||2017-08-10|
|Year End Close||9.9212||Payment Date||2018-01-25|