Mutual Trend Analysis Report
Prepared for you on Wednesday, December 11, 2019.
FT 7483: Structured Portfolio Plan Defined Portfolio, August 2018 Series (NASDAQ:FTSPUX)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 FTSPUX
The long term trend has been DOWN since Sep 17th, 2018 at 9.71
The intermediate term trend has been UP since Sep 5th, 2019 at 7.89
The short term trend has been UP since Aug 29th, 2019 at 7.71
Smart Scan Analysis for FTSPUX
Based on a pre-defined weighted trend formula for chart analysis, FTSPUX scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||8.99||52wk High Date||2018-12-03|
|52wk Low||7.35||52wk Low Date||2018-12-24|
|Year End Close||7.77||Payment Date||2018-12-25|