Mutual Trend Analysis Report
Prepared for you on Monday, October 14, 2019.
FIDELITY BLUE CHIP GROWTH FUND CLASS K (NASDAQ:FBGKX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 FBGKX
The long term trend has been DOWN since Oct 1st, 2019 at 94.57
The intermediate term trend has been DOWN since Sep 13th, 2019 at 98.49
The short term trend has been UP since Oct 4th, 2019 at 94.38
Smart Scan Analysis for FBGKX
Based on a pre-defined weighted trend formula for chart analysis, FBGKX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||105.33000000||52wk High Date||2019-07-26|
|52wk Low||78.04000000||52wk Low Date||2018-12-24|
|Year End Close||84.10000000||Yield||0.00000000|