Mutual Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
FT 8480: MUNICIPAL INCOME SELECT CLOSED-END PORTFOLIO SERIES 108 (NASDAQ:FYXNDX)
Bear Market Rally (-75) - FYXNDX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FYXNDX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid FYXNDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FYXNDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FYXNDX
The long-term trend has been DOWN since Sep 28th, 2021 at 10.21
The intermediate-term trend has been UP since Nov 5th, 2021 at 10.09
The short-term trend has been DOWN since Nov 18th, 2021 at 10.12
Smart Scan Analysis for FYXNDX
Based on our trend formula, FYXNDX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.53||52wk High Date||2021-08-27|
|52wk Low||9.57||52wk Low Date||2021-02-23|
|Year End Close||9.79||Payment Date||2020-05-25|