Mutual Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
FT 4567: CORPORATE HIGH INCOME PORTFOLIO SERIES 9 (NASDAQ:FEGOLX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 FEGOLX
The long term trend has been DOWN since Apr 9th, 2019 at 907.35
The intermediate term trend has been DOWN since Jun 17th, 2019 at 886.93
The short term trend has been UP since Jul 11th, 2019 at 887.08
Smart Scan Analysis for FEGOLX
Based on a pre-defined weighted trend formula for chart analysis, FEGOLX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2019-05-24|
|52wk Low||885.68||52wk Low Date||2019-04-30|
|Year End Close||908.29||Yield||4.68|