Mutual Trend Analysis Report
Prepared for you on Monday, March 19, 2018.
FT 6879: COVERED CALL SELECT CLOSED-END PORTFOLIO SERIES 62 (NASDAQ:FVLKSX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 FVLKSX
The long term trend has been DOWN since Feb 5th, 2018 at 9.5190
The intermediate term trend has been UP since Mar 9th, 2018 at 9.7163
The short term trend has been DOWN since Mar 13th, 2018 at 9.7408
Smart Scan Analysis for FVLKSX
Based on a pre-defined weighted trend formula for chart analysis, FVLKSX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.13||52wk High Date||2018-01-26|
|52wk Low||9.17||52wk Low Date||2018-02-08|
|Year End Close||9.9212||Payment Date||2018-03-25|