Stock Trend Analysis Report
Prepared for you on Monday, June 18, 2018.
FIRST TRUST LOW DURATION OPPORTUNITY (NASDAQ:LMBS)
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 LMBS
The long term trend has been DOWN since Aug 22nd, 2017 at 52.01
The intermediate term trend has been DOWN since May 21st, 2018 at 51.12
The short term trend has been DOWN since Jun 12th, 2018 at 51.18
Smart Scan Analysis for LMBS
Based on a pre-defined weighted trend formula for chart analysis, LMBS scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||51.77||Year High Date||2018-01-04|
|Year Low||50.98||Year Low Date||2018-05-22|
|52wk High||52.32||52wk High Date||2017-07-05|
|52wk Low||50.98||52wk Low Date||2018-05-22|