Mutual Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
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, SHORTSYMBOL 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.
MarketClub’s Trade Triangles for FDEYLX
The long-term trend has been DOWN since Nov 2nd, 2020 at 1138.05
The intermediate-term trend has been DOWN since Aug 6th, 2021 at 1119.19
The short-term trend has been DOWN since Nov 10th, 2021 at 1101.10
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).
|52wk High||1180.07||52wk High Date||2021-11-24|
|52wk Low||1097.76||52wk Low Date||2021-11-24|
|Year End Close||1147.869952||Payment Date||2020-05-25|