Mutual Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
FIRST TRUST 718: CORPORATE INVESTMENT GRADE PORTFOLIO LONG-TERM SER 2 (NASDAQ:FTCIGX)
Strong Downtrend (-100) - FTCIGX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FTCIGX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FTCIGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTCIGX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FTCIGX
The long-term trend has been DOWN since Oct 5th, 2021 at 1195.47
The intermediate-term trend has been DOWN since Nov 16th, 2021 at 1179.04
The short-term trend has been DOWN since Jan 25th, 2022 at 1145.14
Smart Scan Analysis for FTCIGX
Based on our trend formula, FTCIGX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1251.13||52wk High Date||2021-01-27|
|52wk Low||1136.28||52wk Low Date||2022-01-26|
|Year End Close||1179.13||Payment Date||2022-01-31|