Mutual Trend Analysis Report
Prepared for you on Monday, May 17, 2021.
THE FIRST TRUST COMBINED SERIES 345 BUILD AMERICA BONDS PTF SRS 24 (NASDAQ:FCWTRX)
Long-Term Downtrend (-90) - FCWTRX is in a strong downtrend that is likely to continue. While FCWTRX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FCWTRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FCWTRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FCWTRX
The long-term trend has been DOWN since Mar 9th, 2020 at 892.51
The intermediate-term trend has been DOWN since Apr 8th, 2021 at 439.42
The short-term trend has been DOWN since May 7th, 2021 at 409.88
Smart Scan Analysis for FCWTRX
Based on our trend formula, FCWTRX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||771.16||52wk High Date||2020-05-29|
|52wk Low||362.35||52wk Low Date||2021-05-12|
|Year End Close||462.38||Yield||5.94|