Mutual Trend Analysis Report
Prepared for you on Thursday, April 19, 2018.
FIRST TRUST ENERGY INFRASTRUCTURE FUND (NASDAQ:XFIFX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 XFIFX
The long term trend has been DOWN since May 4th, 2017 at 19.49
The intermediate term trend has been DOWN since Jan 30th, 2018 at 18.66
The short term trend has been UP since Mar 26th, 2018 at 15.62
Smart Scan Analysis for XFIFX
Based on a pre-defined weighted trend formula for chart analysis, XFIFX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||20.12||52wk High Date||2017-04-25|
|52wk Low||15.62||52wk Low Date||2018-03-23|
|Year End Close||18.81||Payment Date||2018-04-16|