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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
THE FIRST TRUST COMBINED SERIES 523: TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FDMRZX)
Strong Downtrend (-100) - FDMRZX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FDMRZX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FDMRZX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FDMRZX.
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 FDMRZX
The long-term trend has been DOWN since Mar 1st, 2024 at 968.51
The intermediate-term trend has been DOWN since Jan 8th, 2024 at 974.20
The short-term trend has been DOWN since Mar 13th, 2024 at 968.87
Smart Scan Analysis for FDMRZX
Based on our trend formula, FDMRZX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 961.04 | 961.04 | 961.04 | 958.76 | -0.40 |
| Prev. Close | Volume | Bid | Ask | Time |
| 959.40 | 0 | 960.64 | 1183.11 | 2024-04-15 20:00:00 |
| 52wk High | 1183.11 | 52wk High Date | 2024-04-24 |
| 52wk Low | 951.22 | 52wk Low Date | 2023-10-31 |
| Year End Close | 1122.02 | Payment Date | 2023-09-25 |