Mutual Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
FT 8798: DISCOUNT OPPORTUNITY CLOSED-END PORTFOLIO SERIES 11 (NASDAQ:FUMILX)
Bull Market Weakness (+75) - FUMILX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FUMILX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FUMILX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FUMILX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FUMILX
The long-term trend has been UP since Jul 14th, 2020 at 9.78
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 11.89
The short-term trend has been UP since Oct 5th, 2021 at 11.73
Smart Scan Analysis for FUMILX
Based on our trend formula, FUMILX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.03||52wk High Date||2021-09-13|
|52wk Low||9.82||52wk Low Date||2020-10-28|
|Year End Close||10.98||Payment Date||2021-10-25|