Mutual Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
FT 7985: HIGH DIVIDEND EQUITY PORTFOLIO SERIES 40 (NASDAQ:FDBHCX)
Sidelines Mode (-55) - FDBHCX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FDBHCX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FDBHCX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FDBHCX
The long-term trend has been DOWN since Feb 24th, 2020 at 10.03
The intermediate-term trend has been DOWN since Jan 6th, 2020 at 10.63
The short-term trend has been UP since Mar 24th, 2020 at 6.97
Smart Scan Analysis for FDBHCX
Based on our trend formula, FDBHCX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.78||52wk High Date||2019-12-20|
|52wk Low||6.41||52wk Low Date||2020-03-23|
|Year End Close||10.73||Payment Date||2020-01-25|