Mutual Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
THE FIRST TRUST COMBINED SRS 344 INVESTMENT GRADE MULTI-ASSET INCOME P (NASDAQ:FBRHSX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 FBRHSX
The long term trend has been UP since Jan 2nd, 2019 at 855.650000
The intermediate term trend has been UP since Nov 29th, 2018 at 848.729984
The short term trend has been DOWN since Feb 12th, 2019 at 860.850000
Smart Scan Analysis for FBRHSX
Based on a pre-defined weighted trend formula for chart analysis, FBRHSX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2017-12-06|
|52wk Low||843.27||52wk Low Date||2018-11-08|
|Year End Close||854.6||Yield||4.67|