Mutual Trend Analysis Report
Prepared for you on Wednesday, August 12, 2020.
FT 8222: SENIOR LOAN CLOSED-END AND ETF PORTFOLIO SERIES 28 (NASDAQ:FNADDX)
Bull Market Weakness (+75) - FNADDX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FNADDX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FNADDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FNADDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FNADDX
The long-term trend has been DOWN since Feb 27th, 2020 at 9.69
The intermediate-term trend has been UP since Jul 20th, 2020 at 8.72
The short-term trend has been UP since Jul 14th, 2020 at 8.63
Smart Scan Analysis for FNADDX
Based on our trend formula, FNADDX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.01||52wk High Date||2020-01-22|
|52wk Low||6.7||52wk Low Date||2020-03-23|
|Year End Close||9.94||Payment Date||2020-06-25|