Mutual Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
FIRST TRUST COMBINED SERIES 291 NY TAX EXEMPT MUN INC TR SRS 62 (NASDAQ:FYRKLX)
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 FYRKLX
The long term trend has been DOWN since Jul 9th, 2018 at 838.109985
The intermediate term trend has been UP since Nov 29th, 2018 at 663.849984
The short term trend has been DOWN since Jan 8th, 2019 at 666.060000
Smart Scan Analysis for FYRKLX
Based on a pre-defined weighted trend formula for chart analysis, FYRKLX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-07-06|
|52wk Low||662.07||52wk Low Date||2018-11-06|
|Year End Close||665.52||Payment Date||2018-12-25|