Mutual Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
THE FIRST TRUST COMBINED SRS 319 BUILD AMERICAN BDS PTF 10-20 YR 5 (NASDAQ:FTELOX)
Bear Market Rally (-75) - FTELOX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FTELOX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid FTELOX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTELOX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FTELOX
The long-term trend has been DOWN since Sep 13th, 2019 at 821.66
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 335.26
The short-term trend has been UP since Apr 15th, 2021 at 290.35
Smart Scan Analysis for FTELOX
Based on our trend formula, FTELOX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||931.31||52wk High Date||2021-04-21|
|52wk Low||289.89||52wk Low Date||2021-04-12|
|Year End Close||337.06||Yield||5.06|