Mutual Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
FIRST TRUST COMBINED SRS 306:BUILD AMERICA BONDS PTF SRS 8 (NASDAQ:FTZLBX)
Countertrend Down (-85) - FTZLBX 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 FTZLBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTZLBX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FTZLBX
The long-term trend has been DOWN since Mar 18th, 2020 at 828.44
The intermediate-term trend has been DOWN since Mar 13th, 2020 at 855.68
The short-term trend has been UP since Mar 26th, 2020 at 808.60
Smart Scan Analysis for FTZLBX
Based on our trend formula, FTZLBX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||917.58||52wk High Date||2019-07-02|
|52wk Low||799.01||52wk Low Date||2020-03-25|
|Year End Close||828.75||Yield||5.16|