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Mutual Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
THE FIRST TRUST COMBINED SERIES 491: TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FDEYLX)
Strong Downtrend (-100) - FDEYLX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FDEYLX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FDEYLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FDEYLX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FDEYLX
The long-term trend has been DOWN since Dec 7th, 2023 at 905.07
The intermediate-term trend has been DOWN since Dec 7th, 2023 at 909.30
The short-term trend has been DOWN since Mar 11th, 2024 at 868.37
Smart Scan Analysis for FDEYLX
Based on our trend formula, FDEYLX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 863.23 | 863.23 | 863.23 | 863.18 | -0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 863.22 | 0 | 863.22 | 1180.07 | 2024-04-23 20:00:00 |
| 52wk High | 1180.07 | 52wk High Date | 2024-04-23 |
| 52wk Low | 863.22 | 52wk Low Date | 2024-04-23 |
| Year End Close | 1093.58 | Payment Date | 2024-04-25 |