Mutual Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
FS EVENT DRIVEN FUND-CLASS A (NASDAQ:FSDDX)
Sidelines Mode (-55) - FSDDX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FSDDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FSDDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FSDDX
The long-term trend has been DOWN since Dec 19th, 2019 at 10.09
The intermediate-term trend has been DOWN since Feb 20th, 2020 at 10.23
The short-term trend has been UP since Mar 25th, 2020 at 9.15
Smart Scan Analysis for FSDDX
Based on our trend formula, FSDDX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.42||52wk High Date||2019-12-16|
|52wk Low||8.97||52wk Low Date||2020-03-23|
|Year End Close||10.12||Payment Date||2019-12-20|