Mutual Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
FT 7132: CAPITAL STRENGTH BUY-WRITE PORTFOLIO SERIES 37 (NASDAQ:FTNOLX)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 FTNOLX
The long term trend has been DOWN since Oct 10th, 2018 at 9.1761
The intermediate term trend has been UP since Jan 7th, 2019 at 8.0300
The short term trend has been UP since Feb 12th, 2019 at 8.6000
Smart Scan Analysis for FTNOLX
Based on a pre-defined weighted trend formula for chart analysis, FTNOLX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-08-08|
|52wk Low||7.39||52wk Low Date||2018-12-24|
|Year End Close||7.91||Payment Date||2019-02-25|