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Mutual Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

THE FIRST TRUST COMBINED SERIES 391 TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FKMRAX)

Strong Downtrend (-100) - FKMRAX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FKMRAX continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid FKMRAX?

MarketClub looks at technical strength and momentum to determine if the timing is right for FKMRAX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FKMRAX
Open High Low FKMRAX Price Change
283.07 283.07 283.07 282.04 -0.19
Entry Signal

MarketClub’s Trade Triangles for FKMRAX

long term down The long-term trend has been DOWN since Jun 9th, 2021 at 592.68

intermediate term down The intermediate-term trend has been DOWN since Jan 4th, 2022 at 286.60

short term down The short-term trend has been DOWN since Jan 4th, 2022 at 286.66

Smart Scan Analysis for FKMRAX

Based on our trend formula, FKMRAX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for FKMRAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
283.07 283.07 283.07 282.04 -0.19
Prev. Close Volume Bid Ask Time
282.04 0 282.88 914.98 2022-01-14 20:00:00
52wk High914.9852wk High Date2022-01-18
52wk Low282.0452wk Low Date2022-01-18
Year End Close859.6Yield4.12
Payment Date2022-01-25
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