Mutual Trend Analysis Report
Prepared for you on Monday, October 19, 2020.
THE FIRST TRUST COMBINED SERIES 360 BUILD AMERICA BONDS PORTFOLIO SERI (NASDAQ:FNESTX)
Countertrend Down (-85) - FNESTX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid FNESTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FNESTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FNESTX
The long-term trend has been DOWN since Sep 9th, 2020 at 772.08
The intermediate-term trend has been DOWN since Sep 9th, 2020 at 786.35
The short-term trend has been UP since Oct 13th, 2020 at 598.81
Smart Scan Analysis for FNESTX
Based on our trend formula, FNESTX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||992.49||52wk High Date||2020-03-06|
|52wk Low||598.37||52wk Low Date||2020-10-12|
|Year End Close||973.91||Yield||5.57|