Mutual Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
THE FIRST TRUST COMBINED SERIES 372 BUILD AMERICA BONDS PTF SRS 38 (NASDAQ:FDNLOX)
Bull Market Weakness (+75) - FDNLOX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FDNLOX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FDNLOX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FDNLOX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FDNLOX
The long-term trend has been DOWN since Jul 9th, 2019 at 908.65
The intermediate-term trend has been UP since Aug 25th, 2020 at 713.49
The short-term trend has been UP since Sep 17th, 2020 at 717.60
Smart Scan Analysis for FDNLOX
Based on our trend formula, FDNLOX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||898.74||52wk High Date||2019-10-04|
|52wk Low||702.95||52wk Low Date||2020-08-13|
|Year End Close||859.11||Yield||5.33|