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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
THE FIRST TRUST COMBINED SERIES 509: TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FLBIMX)
Strong Downtrend (-100) - FLBIMX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FLBIMX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FLBIMX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FLBIMX.
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 FLBIMX
The long-term trend has been DOWN since Jan 18th, 2024 at 826.66
The intermediate-term trend has been DOWN since Dec 7th, 2023 at 833.49
The short-term trend has been DOWN since Mar 12th, 2024 at 825.34
Smart Scan Analysis for FLBIMX
Based on our trend formula, FLBIMX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 819.21 | 819.21 | 819.21 | 818.51 | -0.14 |
| Prev. Close | Volume | Bid | Ask | Time |
| 818.95 | 0 | 819.07 | 1181.53 | 2024-04-22 20:00:00 |
| 52wk High | 1181.53 | 52wk High Date | 2024-04-24 |
| 52wk Low | 818.95 | 52wk Low Date | 2024-04-24 |
| Year End Close | 1057.44 | Payment Date | 2023-09-25 |