Mutual Trend Analysis Report
Prepared for you on Wednesday, January 17, 2018.
FIRST TRUST 4000 DIVERSIFIED INCOME & GROWTH PORTF SPRING 2013 SERIES (NASDAQ:FWRKPX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 FWRKPX
The long term trend has been UP since Feb 16th, 2017 at 12.2556
The intermediate term trend has been UP since Jan 2nd, 2018 at 13.6920
The short term trend has been DOWN since Jan 10th, 2018 at 13.7832
Smart Scan Analysis for FWRKPX
Based on a pre-defined weighted trend formula for chart analysis, FWRKPX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||14.34||52wk High Date||2017-11-30|
|52wk Low||11.93||52wk Low Date||2017-01-19|
|Year End Close||13.6572||Payment Date||2017-12-25|