Mutual Trend Analysis Report
Prepared for you on Thursday, March 21, 2019.
THE FIRST TRUST COMBINED SERIES 491: TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FDEYLX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for FDEYLX
The long term trend has been UP since Dec 20th, 2018 at 1112.540032
The intermediate term trend has been UP since Nov 16th, 2018 at 1096.439936
The short term trend has been DOWN since Mar 13th, 2019 at 1128.130000
Smart Scan Analysis for FDEYLX
Based on a pre-defined weighted trend formula for chart analysis, FDEYLX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1180.07||52wk High Date||2019-02-15|
|52wk Low||1092.36||52wk Low Date||2018-11-06|
|Year End Close||1147.869952||Payment Date||2019-02-25|