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Mutual Trend Analysis Report

Prepared for you on Saturday, September 18, 2021.

FT 8785: Senior Loan & Limited Duration Opportunities Closed-End Portfolio, Series 70 (NASDAQ:FRMZLX)

Bull Market Weakness (+75) - FRMZLX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FRMZLX as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid FRMZLX?

MarketClub looks at technical strength and momentum to determine if the timing is right for FRMZLX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FRMZLX
Open High Low FRMZLX Price Change
11.9800 11.9800 11.9800 11.9271 -0.0500
Entry Signal

MarketClub’s Trade Triangles for FRMZLX

long term up The long-term trend has been UP since Jul 21st, 2020 at 9.97

intermediate term up The intermediate-term trend has been UP since Aug 4th, 2021 at 11.79

short term down The short-term trend has been DOWN since Sep 16th, 2021 at 11.98

Smart Scan Analysis for FRMZLX

Based on our trend formula, FRMZLX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for FRMZLX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.9800 11.9800 11.9800 11.9271 -0.0500
Prev. Close Volume Bid Ask Time
11.9300 0 11.9300 11.9000 2021-09-16 20:00:00
52wk High12.0152wk High Date2021-09-13
52wk Low9.9652wk Low Date2020-10-28
Year End Close10.93Payment Date2020-07-25
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