Mutual Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
FT 8537: NEW YORK MUNICIPAL INCOME SELECT CLOSED-END PORTFOLIO SERIES (NASDAQ:FIOUHX)
Strong Downtrend (-100) - FIOUHX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FIOUHX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FIOUHX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FIOUHX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FIOUHX
The long-term trend has been DOWN since Sep 9th, 2021 at 9.67
The intermediate-term trend has been DOWN since Nov 30th, 2021 at 9.22
The short-term trend has been DOWN since Dec 29th, 2021 at 9.19
Smart Scan Analysis for FIOUHX
Based on our trend formula, FIOUHX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10||52wk High Date||2021-08-03|
|52wk Low||8.67||52wk Low Date||2022-01-20|
|Year End Close||9.18||Payment Date||2020-05-25|