Mutual Trend Analysis Report
Prepared for you on Tuesday, June 18, 2019.
FT 6711: CLOUD COMPUTING PORTFOLIO SERIES 17 (NASDAQ:FBOCMX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 FBOCMX
The long term trend has been DOWN since Jun 3rd, 2019 at 14.14
The intermediate term trend has been DOWN since May 9th, 2019 at 15.32
The short term trend has been UP since Jun 5th, 2019 at 14.14
Smart Scan Analysis for FBOCMX
Based on a pre-defined weighted trend formula for chart analysis, FBOCMX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2019-04-29|
|52wk Low||11.56||52wk Low Date||2018-12-24|
|Year End Close||12.48||Payment Date||2019-05-25|