Mutual Trend Analysis Report
Prepared for you on Monday, September 21, 2020.
FIRST TRUST COMBINED SRS 298 BUILD AMERICA BONDS PTF SRS 2 (NASDAQ:FBAMDX)
Strong Downtrend (-100) - FBAMDX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FBAMDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FBAMDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FBAMDX
The long-term trend has been DOWN since Jun 7th, 2019 at 817.51
The intermediate-term trend has been DOWN since Sep 17th, 2020 at 242.70
The short-term trend has been DOWN since Sep 16th, 2020 at 243.54
Smart Scan Analysis for FBAMDX
Based on our trend formula, FBAMDX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||534.93||52wk High Date||2019-09-24|
|52wk Low||234.76||52wk Low Date||2020-06-09|
|Year End Close||407.71||Yield||5.1|