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Mutual Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

THE FIRST TRUST COMBINED SRS 324 BUILD AMER BDS PTF SRS 16 (NASDAQ:FTMBAX)

Countertrend Down (-85) - FTMBAX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

NASDAQ_FTMBAX
Open High Low FTMBAX Price Change
549.51 549.51 549.51 547.79 -1.72
Entry Signal

MarketClub’s Trade Triangles for FTMBAX

long term down The long-term trend has been DOWN since Mar 17th, 2020 at 742.79

intermediate term down The intermediate-term trend has been DOWN since Sep 30th, 2020 at 690.08

short term up The short-term trend has been UP since Nov 30th, 2020 at 549.51

Smart Scan Analysis for FTMBAX

Based on our trend formula, FTMBAX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for FTMBAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
549.51 549.51 549.51 547.79 -1.72
Prev. Close Volume Bid Ask Time
549.51 0 547.79 567.40 2020-12-02 20:00:00
52wk High787.5852wk High Date2020-03-09
52wk Low543.2452wk Low Date2020-11-11
Year End Close760.24Yield5.3
Payment Date2020-05-25
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