Mutual Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
FT 6294: CORPORATE INVESTMENT GRADE LADDERED PORTFOLIO SERIES 3 (NASDAQ:FGNWTX)
Sidelines Mode (+55) - FGNWTX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FGNWTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FGNWTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FGNWTX
The long-term trend has been UP since Jul 6th, 2020 at 797.48
The intermediate-term trend has been UP since Sep 2nd, 2020 at 777.52
The short-term trend has been DOWN since Sep 17th, 2020 at 776.51
Smart Scan Analysis for FGNWTX
Based on our trend formula, FGNWTX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||848.37||52wk High Date||2019-10-04|
|52wk Low||720.34||52wk Low Date||2020-03-23|
|Year End Close||791.57||Payment Date||2020-09-25|