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Mutual Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

THE FIRST TRUST COMBINED SERIES 423 TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FROGLX)

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

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

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

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

NASDAQ_FROGLX
Open High Low FROGLX Price Change
281.40 281.40 281.40 281.36 -0.04
Entry Signal

MarketClub’s Trade Triangles for FROGLX

long term down The long-term trend has been DOWN since Apr 28th, 2021 at 842.93

intermediate term down The intermediate-term trend has been DOWN since Jan 3rd, 2024 at 283.09

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 282.18

Smart Scan Analysis for FROGLX

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

-100
Smart Scan Analysis for FROGLX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
281.40 281.40 281.40 281.36 -0.04
Prev. Close Volume Bid Ask Time
281.40 0 281.36 1050.51 2024-04-25 18:45:00
52wk High1050.5152wk High Date2024-04-24
52wk Low281.452wk Low Date2024-04-24
Year End Close720.96Yield3.71
Payment Date2023-09-25
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