Mutual Trend Analysis Report
Prepared for you on Tuesday, August 20, 2019.
FT 7224: CLOUD COMPUTING PORTFOLIO SERIES 20 (NASDAQ:FHOERX)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 FHOERX
The long term trend has been DOWN since Aug 8th, 2019 at 10.21
The intermediate term trend has been DOWN since Jul 30th, 2019 at 11.25
The short term trend has been DOWN since Jul 25th, 2019 at 11.28
Smart Scan Analysis for FHOERX
Based on a pre-defined weighted trend formula for chart analysis, FHOERX scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2019-04-29|
|52wk Low||8.42||52wk Low Date||2018-12-24|
|Year End Close||9.05||Payment Date||2018-12-25|