Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, June 7, 2023.

First Trust Municipal High Income ETF (NASDAQ:FMHI)

Sidelines Mode (-55) - FMHI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

NASDAQ_FMHI
Open High Low FMHI Price Change
46.656 46.668 46.655 46.668 +0.017
Entry Signal

MarketClub’s Trade Triangles for FMHI

long term down The long-term trend has been DOWN since May 23rd, 2023 at 46.209

intermediate term down The intermediate-term trend has been DOWN since May 19th, 2023 at 46.563

short term up The short-term trend has been UP since May 30th, 2023 at 46.138

Smart Scan Analysis for FMHI

Based on our trend formula, FMHI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for FMHI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.656 46.668 46.655 46.668 +0.017
Prev. Close Volume Bid Ask Time
46.930 0 2023-06-06 17:14:43
Year High53.4684Year High Date2018-01-02
Year Low49.18Year Low Date2018-11-26
52wk High49.4952wk High Date2022-08-03
52wk Low44.0952wk Low Date2022-10-27
Average Volume51,208Shares Outstanding400
Market Cap69MVolatility4.33
Get a free daily analysis and signals for First Trust Municipal High Income ETF (FMHI) - Request Your Free Report.