Mutual Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
FT 7263: U.S. ENERGY INDEPENDENCE PORTFOLIO SERIES 18 (NASDAQ:FBAVDX)
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 FBAVDX
The long term trend has been DOWN since Oct 18th, 2018 at 10.5183
The intermediate term trend has been UP since Mar 18th, 2019 at 9.1200
The short term trend has been UP since Mar 12th, 2019 at 8.8500
Smart Scan Analysis for FBAVDX
Based on a pre-defined weighted trend formula for chart analysis, FBAVDX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-05-21|
|52wk Low||7.37||52wk Low Date||2018-12-24|
|Year End Close||7.88||Payment Date||2018-12-25|