Mutual Trend Analysis Report
Prepared for you on Sunday, May 16, 2021.
THE FIRST TRUST COMBINED SRS 346: BUILD AMERICA BONDS PTF 10-20 YR SRS (NASDAQ:FDEANX)
Long-Term Downtrend (-90) - FDEANX is in a strong downtrend that is likely to continue. While FDEANX 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 FDEANX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FDEANX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FDEANX
The long-term trend has been DOWN since Mar 18th, 2020 at 823.80
The intermediate-term trend has been DOWN since May 12th, 2021 at 419.72
The short-term trend has been DOWN since May 10th, 2021 at 421.70
Smart Scan Analysis for FDEANX
Based on our trend formula, FDEANX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||787.13||52wk High Date||2020-05-15|
|52wk Low||419.36||52wk Low Date||2021-04-12|
|Year End Close||506.67||Yield||5.31|