Mutual Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
FT 8120: DIVERSIFIED FIXED INCOME ETF PORTFOLIO SERIES 40 (NASDAQ:FDPMQX)
Bear Market Rally (-75) - FDPMQX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FDPMQX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid FDPMQX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FDPMQX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FDPMQX
The long-term trend has been DOWN since Mar 9th, 2020 at 9.88
The intermediate-term trend has been DOWN since Mar 9th, 2020 at 9.97
The short-term trend has been DOWN since Apr 1st, 2020 at 9.23
Smart Scan Analysis for FDPMQX
Based on our trend formula, FDPMQX is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.11||52wk High Date||2020-03-04|
|52wk Low||8.48||52wk Low Date||2020-03-19|
|Year End Close||9.95||Payment Date||2020-01-25|