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Mutual Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

FT 9404: STRATEGIC INCOME ADVANTAGE SELECT CLOSED-END PORTFOLIO SERI (NASDAQ:FANVDX)

Bear Market Rally (-75) - FANVDX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FANVDX as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid FANVDX?

MarketClub looks at technical strength and momentum to determine if the timing is right for FANVDX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FANVDX
Open High Low FANVDX Price Change
8.48 8.48 8.48 8.38 -0.10
Entry Signal

MarketClub’s Trade Triangles for FANVDX

long term down The long-term trend has been DOWN since Dec 1st, 2021 at 9.65

intermediate term up The intermediate-term trend has been UP since Jul 19th, 2022 at 8.07

short term down The short-term trend has been DOWN since Aug 17th, 2022 at 8.54

Smart Scan Analysis for FANVDX

Based on our trend formula, FANVDX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for FANVDX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.48 8.48 8.48 8.38 -0.10
Prev. Close Volume Bid Ask Time
8.48 0 8.38 8.53 2022-08-19 18:05:00
52wk High9.9652wk High Date2021-11-08
52wk Low7.7452wk Low Date2022-06-16
Year End Close9.8Payment Date2022-08-25
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