Mutual Trend Analysis Report
Prepared for you on Wednesday, October 5, 2022.
FT 9221: NEW YORK MUNICIPAL INCOME SELECT CLOSED-END PORTFOLIO SERIES (NASDAQ:FXXAEX)
Long-Term Downtrend (-90) - FXXAEX is in a strong downtrend that is likely to continue. While FXXAEX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FXXAEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FXXAEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FXXAEX
The long-term trend has been DOWN since Sep 19th, 2022 at 7.11
The intermediate-term trend has been DOWN since Aug 22nd, 2022 at 7.65
The short-term trend has been DOWN since Aug 16th, 2022 at 7.85
Smart Scan Analysis for FXXAEX
Based on our trend formula, FXXAEX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.95||52wk High Date||2021-11-08|
|52wk Low||6.73||52wk Low Date||2022-09-26|
|Year End Close||9.49||Payment Date||2022-08-25|