Mutual Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
THE FIRST TRUST COMBINED SRS 389 TAX EXEMPT MUNICIPAL INCOME TR SRS 27 (NASDAQ:FHKYCX)
Sidelines Mode (-55) - FHKYCX 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 FHKYCX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FHKYCX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FHKYCX
The long-term trend has been DOWN since Sep 10th, 2019 at 816.29
The intermediate-term trend has been UP since May 18th, 2020 at 712.36
The short-term trend has been DOWN since Jun 2nd, 2020 at 713.61
Smart Scan Analysis for FHKYCX
Based on our trend formula, FHKYCX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||819.79||52wk High Date||2019-08-14|
|52wk Low||689.89||52wk Low Date||2020-03-23|
|Year End Close||775.33||Yield||4.26|