Mutual Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
The First Trust Combined Series 537: Investment Grade Multi-Asset Income Portfolio, Intermediate, Se (NASDAQ:FBCNAX)
Countertrend Down (-85) - FBCNAX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid FBCNAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FBCNAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FBCNAX
The long-term trend has been DOWN since Oct 7th, 2021 at 1052.53
The intermediate-term trend has been DOWN since Jun 6th, 2022 at 950.01
The short-term trend has been UP since Jun 22nd, 2022 at 934.88
Smart Scan Analysis for FBCNAX
Based on our trend formula, FBCNAX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1063.33||52wk High Date||2021-08-03|
|52wk Low||928.16||52wk Low Date||2022-06-14|
|Year End Close||1037.69||Payment Date||2022-06-25|