Mutual Trend Analysis Report
Prepared for you on Tuesday, July 23, 2019.
THE FIRST TRUST COMBINED SRS 344 INVESTMENT GRADE MULTI-ASSET INCOME P (NASDAQ:FBRHSX)
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 FBRHSX
The long term trend has been UP since Jan 2nd, 2019 at 855.65
The intermediate term trend has been DOWN since Jul 11th, 2019 at 897.99
The short term trend has been UP since Jul 17th, 2019 at 899.15
Smart Scan Analysis for FBRHSX
Based on a pre-defined weighted trend formula for chart analysis, FBRHSX scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2019-05-24|
|52wk Low||843.27||52wk Low Date||2018-11-08|
|Year End Close||854.6||Yield||4.67|