Mutual Trend Analysis Report
Prepared for you on Tuesday, October 16, 2018.
FT 6279: STRATEGIC DIVIDEND SELECT PORTFOLIO SERIES 26 (NASDAQ:FWRENX)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 FWRENX
The long term trend has been UP since Aug 29th, 2018 at 11.6275
The intermediate term trend has been DOWN since Oct 5th, 2018 at 11.3679
The short term trend has been DOWN since Oct 4th, 2018 at 11.4967
Smart Scan Analysis for FWRENX
Based on a pre-defined weighted trend formula for chart analysis, FWRENX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||12.21||52wk High Date||2018-01-26|
|52wk Low||10.69||52wk Low Date||2018-10-11|
|Year End Close||11.518||Payment Date||2018-09-25|