Mutual Trend Analysis Report
Prepared for you on Sunday, May 16, 2021.
FT 7069: CORPORATE INVESTMENT GRADE PORTFOLIO 3-7 YEAR SERIES 2 (NASDAQ:FGBAVX)
Long-Term Downtrend (-90) - FGBAVX is in a strong downtrend that is likely to continue. While FGBAVX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FGBAVX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FGBAVX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FGBAVX
The long-term trend has been DOWN since Jan 7th, 2021 at 1054.05
The intermediate-term trend has been DOWN since Jan 6th, 2021 at 1057.75
The short-term trend has been DOWN since May 11th, 2021 at 912.06
Smart Scan Analysis for FGBAVX
Based on our trend formula, FGBAVX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1059.24||52wk High Date||2020-08-10|
|52wk Low||911.6||52wk Low Date||2021-05-13|
|Year End Close||1057.94||Payment Date||2021-05-25|