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Mutual Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

THE FIRST TRUST COMBINED SERIES 559: TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FNOCWX)

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

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

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

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

NASDAQ_FNOCWX
Open High Low FNOCWX Price Change
983.33 983.33 983.33 979.47 -3.86
Entry Signal

MarketClub’s Trade Triangles for FNOCWX

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 993.90

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2024 at 997.45

short term down The short-term trend has been DOWN since Apr 24th, 2024 at 984.02

Smart Scan Analysis for FNOCWX

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

-100
Smart Scan Analysis for FNOCWX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
983.33 983.33 983.33 979.47 -3.86
Prev. Close Volume Bid Ask Time
983.33 0 979.47 1060.11 2024-04-25 20:00:00
52wk High1060.1152wk High Date2024-04-24
52wk Low906.2752wk Low Date2023-10-31
Year End Close1130.09Payment Date2023-09-25
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