Mutual Trend Analysis Report
Prepared for you on Sunday, September 22, 2019.
THE FIRST TRUST COMBINED SERIES 473: TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FRTYCX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 FRTYCX
The long term trend has been UP since Jan 2nd, 2019 at 1070.59
The intermediate term trend has been DOWN since Sep 6th, 2019 at 1115.30
The short term trend has been UP since Sep 18th, 2019 at 1104.08
Smart Scan Analysis for FRTYCX
Based on a pre-defined weighted trend formula for chart analysis, FRTYCX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1209.15||52wk High Date||2019-05-24|
|52wk Low||1050.84||52wk Low Date||2018-11-06|
|Year End Close||1103.28||Yield||3.81|