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Mutual Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
THE FIRST TRUST COMBINED SERIES 391 TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FKMRAX)
Crossroads (+60) - FKMRAX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for FKMRAX
The long-term trend has been DOWN since Apr 1st, 2024 at 202.92
The intermediate-term trend has been UP since May 7th, 2024 at 199.78
The short-term trend has been UP since May 1st, 2024 at 198.49
Smart Scan Analysis for FKMRAX
Based on our trend formula, FKMRAX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 200.34 | 200.34 | 200.34 | 200.14 | +0.18 |
| Prev. Close | Volume | Bid | Ask | Time |
| 200.41 | 0 | 200.52 | 914.98 | 2024-05-08 20:00:00 |
| 52wk High | 914.98 | 52wk High Date | 2024-05-09 |
| 52wk Low | 189.67 | 52wk Low Date | 2023-10-31 |
| Year End Close | 286.66 | Yield | 4.12 |
| Payment Date | 2024-05-25 |