Mutual Trend Analysis Report
Prepared for you on Monday, October 21, 2019.
FT 6040: CORPORATE HIGH INCOME PORTFOLIO SERIES 20 (NASDAQ:FTJYLX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
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 FTJYLX
The long term trend has been DOWN since Oct 9th, 2019 at 953.81
The intermediate term trend has been DOWN since Oct 9th, 2019 at 956.27
The short term trend has been UP since Oct 16th, 2019 at 915.83
Smart Scan Analysis for FTJYLX
Based on a pre-defined weighted trend formula for chart analysis, FTJYLX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1049.21000000||52wk High Date||2019-10-18|
|52wk Low||915.51000000||52wk Low Date||2019-10-11|
|Year End Close||926.36000000||Payment Date||2019-10-25|