Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, May 27, 2023.
First Trust Managed Municipal ETF (NASDAQ:FMB)
Strong Downtrend (-100) - FMB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FMB continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FMB?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for FMB
The long-term trend has been DOWN since May 23rd, 2023 at 50.136
The intermediate-term trend has been DOWN since Apr 24th, 2023 at 50.696
The short-term trend has been DOWN since May 16th, 2023 at 50.860
Smart Scan Analysis for FMB
Based on our trend formula, FMB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 49.998 | 50.001 | 49.964 | 49.964 | -0.015 |
| Prev. Close | Volume | Bid | Ask | Time |
| 50.105 | 0 | 2023-05-26 17:14:40 |
| Year High | 53.6152 | Year High Date | 2018-01-03 |
| Year Low | 51.51 | Year Low Date | 2018-11-02 |
| 52wk High | 52 | 52wk High Date | 2022-08-04 |
| 52wk Low | 48.07 | 52wk Low Date | 2022-10-26 |
| Average Volume | 185,224 | Shares Outstanding | 500 |
| Market Cap | 1,009M | Volatility | 3.49 |