Mutual Trend Analysis Report
Prepared for you on Thursday, August 22, 2019.
THE FIRST TRUST COMBINED SERIES 390 BUILD AMERICA BONDS PTF SRS 48 (NASDAQ:FBRHLX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 FBRHLX
The long term trend has been UP since Jan 2nd, 2019 at 952.63
The intermediate term trend has been UP since Jul 31st, 2019 at 982.76
The short term trend has been UP since Jul 30th, 2019 at 979.80
Smart Scan Analysis for FBRHLX
Based on a pre-defined weighted trend formula for chart analysis, FBRHLX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2019-05-24|
|52wk Low||927.41||52wk Low Date||2018-11-02|
|Year End Close||951.27||Yield||5.25|