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Mutual Trend Analysis Report
Prepared for you on Tuesday, May 7, 2024.
THE FIRST TRUST COMBINED SERIES 557: TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FHJETX)
Sidelines Mode (-55) - FHJETX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FHJETX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FHJETX.
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 FHJETX
The long-term trend has been DOWN since Mar 14th, 2024 at 1017.65
The intermediate-term trend has been DOWN since Mar 14th, 2024 at 1017.90
The short-term trend has been UP since May 1st, 2024 at 1004.30
Smart Scan Analysis for FHJETX
Based on our trend formula, FHJETX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1006.63 | 1006.63 | 1006.63 | 1007.90 | +1.27 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1006.63 | 0 | 1007.90 | 1119.13 | 2024-05-07 20:00:00 |
| 52wk High | 1119.13 | 52wk High Date | 2024-05-06 |
| 52wk Low | 993.27 | 52wk Low Date | 2023-10-31 |
| Year End Close | 1143.21 | Payment Date | 2023-09-25 |