Mutual Trend Analysis Report
Prepared for you on Sunday, July 12, 2020.
THE FIRST TRUST COMBINED SERIES 561: INVESTMENT GRADE MULTI-ASSET INCO (NASDAQ:FBWORX)
Strong Uptrend (+100) - FBWORX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, FBWORX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid FBWORX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FBWORX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FBWORX
The long-term trend has been UP since Jul 2nd, 2020 at 1204.52
The intermediate-term trend has been UP since May 28th, 2020 at 1151.32
The short-term trend has been UP since Jun 26th, 2020 at 1200.60
Smart Scan Analysis for FBWORX
Based on our trend formula, FBWORX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1307.52||52wk High Date||2020-03-06|
|52wk Low||1006.27||52wk Low Date||2020-03-19|
|Year End Close||1192.47||Payment Date||2020-06-25|