Mutual Trend Analysis Report
Prepared for you on Tuesday, July 14, 2020.
THE FIRST TRUST COMBINED SERIES 356: BUILD AMERICA BONDS PTF 10-20 YR (NASDAQ:FLLAWX)
Sidelines Mode (-55) - FLLAWX 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 FLLAWX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FLLAWX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FLLAWX
The long-term trend has been DOWN since Mar 17th, 2020 at 751.20
The intermediate-term trend has been UP since May 28th, 2020 at 750.15
The short-term trend has been DOWN since Jul 8th, 2020 at 751.63
Smart Scan Analysis for FLLAWX
Based on our trend formula, FLLAWX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||771.43||52wk High Date||2019-08-28|
|52wk Low||724.91||52wk Low Date||2020-07-10|
|Year End Close||751.2||Yield||5.14|