Mutual Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
THE FIRST TRUST COMBINED SERIES 464: TAX EXEMPT MUNI INCOME TRUST (NASDAQ:FHGLMX)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
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 FHGLMX
The long term trend has been DOWN since Nov 1st, 2017 at 1129.979980
The intermediate term trend has been UP since May 10th, 2018 at 1093.130005
The short term trend has been UP since Apr 30th, 2018 at 1086.719971
Smart Scan Analysis for FHGLMX
Based on a pre-defined weighted trend formula for chart analysis, FHGLMX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1148.3||52wk High Date||2017-09-08|
|52wk Low||1086.15||52wk Low Date||2018-04-26|
|Year End Close||1120.459961||Yield||3.61|