Mutual Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
FT 7309: SENIOR LOAN & LIMITED DURATION CLOSED-END PORTFOLIO SERIES 8 (NASDAQ:FNJUOX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for FNJUOX
The long term trend has been DOWN since May 9th, 2018 at 9.7007
The intermediate term trend has been UP since Jan 7th, 2019 at 8.5900
The short term trend has been UP since Feb 12th, 2019 at 8.8500
Smart Scan Analysis for FNJUOX
Based on a pre-defined weighted trend formula for chart analysis, FNJUOX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-04-17|
|52wk Low||8.05||52wk Low Date||2018-12-21|
|Year End Close||8.39||Payment Date||2019-01-25|