Mutual Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
THE FIRST TRUST COMBINED SERIES 353: TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FHTEBX)
Strong Downtrend (-100) - FHTEBX 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 FHTEBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FHTEBX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FHTEBX
The long-term trend has been DOWN since Mar 1st, 2019 at 918.49
The intermediate-term trend has been DOWN since Aug 5th, 2021 at 208.63
The short-term trend has been DOWN since Oct 19th, 2021 at 160.38
Smart Scan Analysis for FHTEBX
Based on our trend formula, FHTEBX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||887.85||52wk High Date||2021-10-21|
|52wk Low||159.71||52wk Low Date||2021-10-21|
|Year End Close||998.750016||Yield||4.48|