Mutual Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
FT 6483: MUNI INCOME OPPORTUNITIES CLOSED-END PORTFOLIO SERIES 4 (NASDAQ:FYTCDX)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 FYTCDX
The long term trend has been DOWN since Oct 25th, 2017 at 9.7401
The intermediate term trend has been DOWN since Jan 12th, 2018 at 9.5883
The short term trend has been DOWN since Mar 14th, 2018 at 9.0231
Smart Scan Analysis for FYTCDX
Based on a pre-defined weighted trend formula for chart analysis, FYTCDX scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.03||52wk High Date||2017-08-01|
|52wk Low||8.95||52wk Low Date||2018-03-21|
|Year End Close||9.6507||Payment Date||2018-03-25|