Mutual Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
FT 6279: STRATEGIC DIVIDEND SELECT PORTFOLIO SERIES 26 (NASDAQ:FWRENX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 FWRENX
The long term trend has been UP since Nov 10th, 2016 at 9.6960
The intermediate term trend has been DOWN since Feb 5th, 2018 at 11.7343
The short term trend has been DOWN since Mar 12th, 2018 at 11.6457
Smart Scan Analysis for FWRENX
Based on a pre-defined weighted trend formula for chart analysis, FWRENX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||12.21||52wk High Date||2018-01-26|
|52wk Low||10.34||52wk Low Date||2017-04-13|
|Year End Close||11.518||Payment Date||2018-03-25|