Mutual Trend Analysis Report
Prepared for you on Monday, October 19, 2020.
FT 8739: NEXTGEN COMMUNICATIONS AND TECHNOLOGY PORTFOLIO SERIES 6 (NASDAQ:FIFNOX)
Bull Market Weakness (+75) - FIFNOX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FIFNOX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FIFNOX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FIFNOX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FIFNOX
The long-term trend has been UP since Jun 15th, 2020 at 9.87
The intermediate-term trend has been UP since Oct 5th, 2020 at 10.63
The short-term trend has been DOWN since Oct 14th, 2020 at 10.98
Smart Scan Analysis for FIFNOX
Based on our trend formula, FIFNOX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.26||52wk High Date||2020-09-02|
|52wk Low||9.87||52wk Low Date||2020-06-12|
|Year End Close||9.87|