Stock Trend Analysis Report
Prepared for you on Saturday, January 18, 2020.
First Trust/Aberdeen Global Opp, Income Fund (NYSE:FAM)
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 FAM
The long term trend has been UP since Jun 18th, 2019 at 10.18
The intermediate term trend has been UP since Jan 14th, 2020 at 11.31
The short term trend has been UP since Jan 13th, 2020 at 11.22
Smart Scan Analysis for FAM
Based on a pre-defined weighted trend formula for chart analysis, FAM scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||11.94||Year High Date||2018-01-29|
|Year Low||9.05||Year Low Date||2018-10-31|
|52wk High||11.33||52wk High Date||2019-12-17|
|52wk Low||9.67||52wk Low Date||2019-01-24|
|Year End Close||17.85||Average Volume||29,656|
|Shares Outstanding||17,365||Market Cap||137M|