Free Daily Analysis

Mutual Trend Analysis Report

Prepared for you on Sunday, May 16, 2021.

THE FIRST TRUST COMBINED SERIES 516: INVESTMENT GRADE MULTI-ASSET INCO (NASDAQ:FLOKNX)

Long-Term Downtrend (-90) - FLOKNX is in a strong downtrend that is likely to continue. While FLOKNX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid FLOKNX?

MarketClub looks at technical strength and momentum to determine if the timing is right for FLOKNX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FLOKNX
Open High Low FLOKNX Price Change
1188.50 1188.50 1188.50 1190.41 +1.91
Entry Signal

MarketClub’s Trade Triangles for FLOKNX

long term down The long-term trend has been DOWN since Feb 25th, 2021 at 1264.39

intermediate term down The intermediate-term trend has been DOWN since Feb 8th, 2021 at 1284.66

short term down The short-term trend has been DOWN since May 10th, 2021 at 1197.80

Smart Scan Analysis for FLOKNX

Based on our trend formula, FLOKNX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for FLOKNX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1188.50 1188.50 1188.50 1190.41 +1.91
Prev. Close Volume Bid Ask Time
1188.50 0 1190.41 1243.85 2021-05-14 20:00:00
52wk High1300.6352wk High Date2020-12-08
52wk Low1179.9852wk Low Date2020-05-18
Year End Close1294.41Payment Date2021-05-25
Get a free daily analysis and signals for THE FIRST TRUST COMBINED SERIES 516: INVESTMENT GRADE MULTI-ASSET INCO (FLOKNX) - Request Your Free Report.