Mutual Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
FDP BLACKROCK COREALPHA BOND FUND of FDP SERIES II (NASDAQ:MDFFX)
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 MDFFX
The long term trend has been DOWN since Dec 19th, 2017 at 10.20
The intermediate term trend has been DOWN since Sep 4th, 2018 at 9.88
The short term trend has been UP since Oct 9th, 2018 at 9.69
Smart Scan Analysis for MDFFX
Based on a pre-defined weighted trend formula for chart analysis, MDFFX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.27||52wk High Date||2017-10-16|
|52wk Low||9.69||52wk Low Date||2018-10-05|
|Year End Close||10.22||Payment Date||2015-12-24|