Stock Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 LMBS
The long term trend has been UP since Dec 6th, 2018 at 51.2100
The intermediate term trend has been UP since Nov 12th, 2018 at 50.9433
The short term trend has been DOWN since Dec 13th, 2018 at 50.9300
Smart Scan Analysis for LMBS
Based on a pre-defined weighted trend formula for chart analysis, LMBS scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||51.77||Year High Date||2018-01-04|
|Year Low||50.78||Year Low Date||2018-11-08|
|52wk High||51.87||52wk High Date||2017-12-13|
|52wk Low||50.78||52wk Low Date||2018-11-08|