Mutual Trend Analysis Report
Prepared for you on Saturday, April 20, 2019.
THE FIRST TRUST COMBINED SERIES 434: INVESTMENT GRADE MULTI-ASSET INCO (NASDAQ:FHELPX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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 FHELPX
The long term trend has been UP since Jan 2nd, 2019 at 1141.77
The intermediate term trend has been UP since Mar 12th, 2019 at 1156.18
The short term trend has been UP since Apr 9th, 2019 at 1171.28
Smart Scan Analysis for FHELPX
Based on a pre-defined weighted trend formula for chart analysis, FHELPX scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2019-02-15|
|52wk Low||1107.88||52wk Low Date||2018-11-02|
|Year End Close||1139.11||Yield||5|