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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
First Trust Managed Municipal ETF (NASDAQ:FMB)
Crossroads (+60) - FMB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FMB?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FMB
The long-term trend has been DOWN since Apr 3rd, 2024 at 51.029
The intermediate-term trend has been UP since May 7th, 2024 at 51.051
The short-term trend has been UP since May 1st, 2024 at 50.733
Smart Scan Analysis for FMB
Based on our trend formula, FMB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 51.168 | 51.177 | 51.156 | 51.156 | -0.015 |
| Prev. Close | Volume | Bid | Ask | Time |
| 51.225 | 0 | 2024-05-09 11:42:16 |
| Year High | 53.6152 | Year High Date | 2018-01-03 |
| Year Low | 51.51 | Year Low Date | 2018-11-02 |
| 52wk High | 51.77 | 52wk High Date | 2024-02-01 |
| 52wk Low | 48.08 | 52wk Low Date | 2023-10-31 |
| Average Volume | 145,957 | Shares Outstanding | 500 |
| Market Cap | 1,009M | Volatility | 3.49 |