Mutual Trend Analysis Report
Prepared for you on Friday, February 15, 2019.
THE FIRST TRUST COMBINED SERIES 558: INVESTMENT GRADE MULTI-ASSET INCO (NASDAQ:FECNTX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 FECNTX
The long term trend has been UP since Jan 3rd, 2019 at 1123.25
The intermediate term trend has been UP since Dec 4th, 2018 at 1098.26
The short term trend has been DOWN since Feb 13th, 2019 at 1138.29
Smart Scan Analysis for FECNTX
Based on a pre-defined weighted trend formula for chart analysis, FECNTX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2017-12-15|
|52wk Low||1085.68||52wk Low Date||2018-11-02|
|Year End Close||1114.68||Payment Date||2019-01-25|