Mutual Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
FT 8584: INCOME DIVIDEND EQUITY ALLOCATION (IDEA) PORTFOLIO SERIES 24 (NASDAQ:FAKLXX)
Long-Term Uptrend (+90) - FAKLXX is in a strong uptrend that is likely to continue. While FAKLXX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid FAKLXX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FAKLXX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FAKLXX
The long-term trend has been UP since Mar 24th, 2020 at 9.78
The intermediate-term trend has been UP since Nov 9th, 2020 at 14.08
The short-term trend has been UP since Nov 23rd, 2020 at 14.63
Smart Scan Analysis for FAKLXX
Based on our trend formula, FAKLXX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||14.97||52wk High Date||2020-11-24|
|52wk Low||9.3||52wk Low Date||2020-03-23|
|Year End Close||9.78||Payment Date||2020-05-25|