Mutual Trend Analysis Report
Prepared for you on Tuesday, May 21, 2019.
THE FIRST TRUST COMBINED SERIES 489: INVESTMENT GRADE MULTI-ASSET INCO (NASDAQ:FATIEX)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 FATIEX
The long term trend has been UP since Jan 3rd, 2019 at 1028.46
The intermediate term trend has been DOWN since Apr 16th, 2019 at 1061.61
The short term trend has been UP since Apr 24th, 2019 at 1062.25
Smart Scan Analysis for FATIEX
Based on a pre-defined weighted trend formula for chart analysis, FATIEX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2019-02-15|
|52wk Low||1002.81||52wk Low Date||2018-11-28|
|Year End Close||1023.21||Payment Date||2019-02-25|