Mutual Trend Analysis Report
Prepared for you on Monday, April 19, 2021.
FT 8092: HIGH-YIELD INCOME CLOSED-END PORTFOLIO SERIES 85 (NASDAQ:FDMOPX)
Long-Term Uptrend (+90) - FDMOPX is in a strong uptrend that is likely to continue. While FDMOPX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid FDMOPX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FDMOPX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FDMOPX
The long-term trend has been UP since Jul 29th, 2020 at 8.64
The intermediate-term trend has been UP since Jan 21st, 2021 at 9.45
The short-term trend has been UP since Mar 22nd, 2021 at 9.64
Smart Scan Analysis for FDMOPX
Based on our trend formula, FDMOPX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.85||52wk High Date||2021-04-15|
|52wk Low||7.48||52wk Low Date||2020-05-15|
|Year End Close||9.45||Payment Date||2021-04-25|