Mutual Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
THE FIRST TRUST COMBINED SERIES 531: INVESTMENT GRADE MULTI-ASSET INCO (NASDAQ:FWERVX)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 FWERVX
The long term trend has been UP since Jan 3rd, 2019 at 1089.69000
The intermediate term trend has been UP since Dec 4th, 2018 at 1068.31008
The short term trend has been UP since Feb 15th, 2019 at 1099.14000
Smart Scan Analysis for FWERVX
Based on a pre-defined weighted trend formula for chart analysis, FWERVX scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2019-02-15|
|52wk Low||1057.12||52wk Low Date||2018-11-28|
|Year End Close||1080.98||Payment Date||2019-02-25|