Mutual Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
FT 7371: EQUITY INCOME PORTFOLIO SERIES 60 (NASDAQ:FGELUX)
Long-Term Downtrend (-90) - FGELUX is in a strong downtrend that is likely to continue. While FGELUX 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 FGELUX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FGELUX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FGELUX
The long-term trend has been DOWN since Feb 24th, 2022 at 11.56
The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 12.26
The short-term trend has been DOWN since May 18th, 2022 at 11.81
Smart Scan Analysis for FGELUX
Based on our trend formula, FGELUX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.59||52wk High Date||2022-01-04|
|52wk Low||11.28||52wk Low Date||2021-09-21|
|Year End Close||12.41||Payment Date||2022-05-25|