Mutual Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
FT 4567: CORPORATE HIGH INCOME PORTFOLIO SERIES 9 (NASDAQ:FEGOLX)
Bear Market Rally (-75) - FEGOLX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FEGOLX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid FEGOLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FEGOLX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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 May 7th, 2020 at 442.32
The short-term trend has been UP since May 19th, 2020 at 328.83
Smart Scan Analysis for FEGOLX
Based on our trend formula, FEGOLX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||888.23||52wk High Date||2019-06-03|
|52wk Low||328.09||52wk Low Date||2020-05-18|
|Year End Close||773.31||Yield||4.68|