Mutual Trend Analysis Report
Prepared for you on Thursday, October 17, 2019.
FIRST TRUST COMBINED SRS 297 BUILD AMERICA BONDS PTF SRS (NASDAQ:FPCHKX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 FPCHKX
The long term trend has been DOWN since May 9th, 2019 at 929.92
The intermediate term trend has been UP since Oct 2nd, 2019 at 802.11
The short term trend has been DOWN since Oct 4th, 2019 at 801.16
Smart Scan Analysis for FPCHKX
Based on a pre-defined weighted trend formula for chart analysis, FPCHKX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||947.33000000||52wk High Date||2019-03-28|
|52wk Low||758.78000000||52wk Low Date||2019-10-15|
|Year End Close||936.43000000||Yield||5.07000000|