Mutual Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
FT 6879: COVERED CALL SELECT CLOSED-END PORTFOLIO SERIES 62 (NASDAQ:FVLKSX)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 UP since Jun 4th, 2018 at 9.8209
The intermediate term trend has been DOWN since Sep 7th, 2018 at 9.7519
The short term trend has been DOWN since Sep 14th, 2018 at 9.7952
Smart Scan Analysis for FVLKSX
Based on a pre-defined weighted trend formula for chart analysis, FVLKSX scored +60 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||2018-09-25|