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Mutual Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

The First Trust Combined Series 583: Tax Exempt Municipal Income Trust, Series 304 (NASDAQ:FMZJBX)

Strong Downtrend (-100) - FMZJBX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FMZJBX continues to fall. Traders should use caution and set stops.

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

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

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

NASDAQ_FMZJBX
Open High Low FMZJBX Price Change
926.97 926.97 926.97 926.12 -0.85
Entry Signal

MarketClub’s Trade Triangles for FMZJBX

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 936.99

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2024 at 948.96

short term down The short-term trend has been DOWN since Apr 17th, 2024 at 929.24

Smart Scan Analysis for FMZJBX

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

-100
Smart Scan Analysis for FMZJBX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
926.97 926.97 926.97 926.12 -0.85
Prev. Close Volume Bid Ask Time
926.97 0 926.12 1179.25 2024-04-18 18:25:00
52wk High1179.2552wk High Date2024-04-16
52wk Low817.5352wk Low Date2023-10-19
Year End Close1121.68Payment Date2024-04-25
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