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Mutual Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
THE FIRST TRUST COMBINED SERIES 540: TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FEWZPX)
Bull Market Weakness (+75) - FEWZPX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FEWZPX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FEWZPX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FEWZPX.
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 FEWZPX
The long-term trend has been DOWN since Feb 23rd, 2021 at 1140.45
The intermediate-term trend has been UP since Apr 13th, 2021 at 1139.25
The short-term trend has been UP since Apr 6th, 2021 at 1137.11
Smart Scan Analysis for FEWZPX
Based on our trend formula, FEWZPX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1141.60 | 1141.60 | 1141.60 | 1143.44 | +1.84 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1141.60 | 0 | 1143.44 | 1121.99 | 2021-04-15 20:00:00 |
| 52wk High | 1130.79 | 52wk High Date | 2017-12-06 |
| 52wk Low | 1063.71 | 52wk Low Date | 2018-11-05 |
| Year End Close | 1121.810048 | Payment Date | 2021-04-25 |