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Mutual Trend Analysis Report

Prepared for you on Tuesday, May 26, 2020.

FT 6040: CORPORATE HIGH INCOME PORTFOLIO SERIES 20 (NASDAQ:FTJYLX)

Bull Market Weakness (+75) - FTJYLX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FTJYLX as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid FTJYLX?

MarketClub looks at technical strength and momentum to determine if the timing is right for FTJYLX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FTJYLX
Open High Low FTJYLX Price Change
860.57 863.83 863.83 863.83 +3.26
Entry Signal

MarketClub’s Trade Triangles for FTJYLX

long term down The long-term trend has been DOWN since Oct 9th, 2019 at 953.81

intermediate term up The intermediate-term trend has been UP since Apr 13th, 2020 at 835.64

short term up The short-term trend has been UP since May 12th, 2020 at 856.92

Smart Scan Analysis for FTJYLX

Based on our trend formula, FTJYLX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for FTJYLX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
860.57 863.83 863.83 863.83 +3.26
Prev. Close Volume Bid Ask Time
864.48 0 863.83 1049.21 2020-05-20 17:01:08
52wk High963.5252wk High Date2019-10-04
52wk Low781.5452wk Low Date2020-03-23
Year End Close918.01Payment Date2020-01-25
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