Mutual Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
FT 9122: STRATEGIC INCOME ADVANTAGE SELECT CLOSED-END PORTFOLIO SERI (NASDAQ:FXDBIX)
Bear Market Rally (-75) - FXDBIX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FXDBIX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid FXDBIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FXDBIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FXDBIX
The long-term trend has been DOWN since Sep 20th, 2021 at 9.94
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 8.69
The short-term trend has been UP since May 17th, 2022 at 7.84
Smart Scan Analysis for FXDBIX
Based on our trend formula, FXDBIX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.4||52wk High Date||2021-07-02|
|52wk Low||7.71||52wk Low Date||2022-05-12|
|Year End Close||9.84||Payment Date||2022-05-25|