Mutual Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
FT 7849: S&P DIVIDEND ARISTOCRATS BUY-WRITE PORTFOLIO SERIES 4 (NASDAQ:FABJEX)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 FABJEX
The long term trend has been DOWN since May 9th, 2019 at 10.04
The intermediate term trend has been UP since Jun 10th, 2019 at 10.01
The short term trend has been UP since Jun 28th, 2019 at 10.17
Smart Scan Analysis for FABJEX
Based on a pre-defined weighted trend formula for chart analysis, FABJEX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2019-02-22|
|52wk Low||9.7||52wk Low Date||2019-05-31|
|Year End Close||9.78||Payment Date||2019-05-25|