Mutual Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
THE FIRST TRUST COMBINED SERIES 537: INVESTMENT GRADE MULTI-ASSET INCO (NASDAQ:FBCNAX)
Strong Uptrend (+100) - FBCNAX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, FBCNAX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Jul 2nd, 2020 at 1084.81
The intermediate-term trend has been UP since Apr 14th, 2020 at 1031.94
The short-term trend has been UP since Jul 28th, 2020 at 1093.87
Smart Scan Analysis for FBCNAX
Based on our trend formula, FBCNAX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1130.17||52wk High Date||2020-03-05|
|52wk Low||988.89||52wk Low Date||2020-03-24|
|Year End Close||1086.72||Payment Date||2020-06-25|