Mutual Trend Analysis Report
Prepared for you on Sunday, June 20, 2021.
THE FIRST TRUST COMBINED SERIES 338: BUILD AMERICA BONDS PTF 10-20 YEA (NASDAQ:FNRCDX)
Long-Term Downtrend (-90) - FNRCDX is in a strong downtrend that is likely to continue. While FNRCDX 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 FNRCDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FNRCDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FNRCDX
The long-term trend has been DOWN since Aug 7th, 2020 at 927.99
The intermediate-term trend has been DOWN since Jun 14th, 2021 at 524.19
The short-term trend has been DOWN since Jun 9th, 2021 at 526.88
Smart Scan Analysis for FNRCDX
Based on our trend formula, FNRCDX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||939||52wk High Date||2020-08-04|
|52wk Low||521.39||52wk Low Date||2021-06-16|
|Year End Close||696.46||Yield||5.01|