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Mutual Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

THE FIRST TRUST COMBINED SERIES 487: TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FMDFLX)

Weak Downtrend (-65) - FMDFLX is showing signs of a strengthening downtrend. Monitor FMDFLX as it may be building momentum to the downside.

Is it time to buy, sell, or avoid FMDFLX?

MarketClub looks at technical strength and momentum to determine if the timing is right for FMDFLX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FMDFLX
Open High Low FMDFLX Price Change
840.65 840.65 840.65 848.55 +1.32
Entry Signal

MarketClub’s Trade Triangles for FMDFLX

long term down The long-term trend has been DOWN since Mar 27th, 2024 at 855.90

intermediate term down The intermediate-term trend has been DOWN since Jan 10th, 2024 at 869.09

short term down The short-term trend has been DOWN since Apr 24th, 2024 at 846.27

Smart Scan Analysis for FMDFLX

Based on our trend formula, FMDFLX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for FMDFLX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
840.65 840.65 840.65 848.55 +1.32
Prev. Close Volume Bid Ask Time
844.54 0 841.97 1058.07 2024-04-29 18:45:00
52wk High1058.0752wk High Date2024-05-02
52wk Low793.0852wk Low Date2023-10-31
Year End Close1078.25Payment Date2023-09-25
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