Mutual Trend Analysis Report
Prepared for you on Wednesday, March 20, 2019.
THE FIRST TRUST COMBINED SRS 348: BUILD AMERICA BONDS PTF SRS 25 (NASDAQ:FDNVRX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for FDNVRX
The long term trend has been DOWN since Mar 1st, 2019 at 1011.68
The intermediate term trend has been DOWN since Feb 28th, 2019 at 1013.87
The short term trend has been UP since Mar 12th, 2019 at 979.48
Smart Scan Analysis for FDNVRX
Based on a pre-defined weighted trend formula for chart analysis, FDNVRX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-03-29|
|52wk Low||978.96||52wk Low Date||2019-03-07|
|Year End Close||1017.43||Yield||5.76|