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Mutual Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
THE FIRST TRUST COMBINED SERIES 405 TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FGOHZX)
Long-Term Downtrend (-90) - FGOHZX is in a strong downtrend that is likely to continue. While FGOHZX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FGOHZX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FGOHZX.
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 FGOHZX
The long-term trend has been DOWN since Apr 2nd, 2024 at 164.11
The intermediate-term trend has been DOWN since Mar 20th, 2024 at 165.58
The short-term trend has been DOWN since Mar 14th, 2024 at 166.32
Smart Scan Analysis for FGOHZX
Based on our trend formula, FGOHZX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 162.66 | 162.66 | 162.66 | 162.72 | +0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 162.84 | 0 | 162.68 | 1005.07 | 2024-04-19 20:00:00 |
| 52wk High | 1005.07 | 52wk High Date | 2024-04-24 |
| 52wk Low | 155.68 | 52wk Low Date | 2023-10-30 |
| Year End Close | 719.57 | Yield | 3.92 |
| Payment Date | 2024-04-25 |