Index Trend Analysis Report
Prepared for you on Friday, August 12, 2022.
First Trust Managed Municipal ETF (NASDAQ:FMB)
Long-Term Uptrend (+90) - FMB is in a strong uptrend that is likely to continue. While FMB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid FMB?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FMB
The long-term trend has been UP since Aug 1st, 2022 at 51.748
The intermediate-term trend has been UP since Jul 12th, 2022 at 51.230
The short-term trend has been UP since Aug 11th, 2022 at 51.789
Smart Scan Analysis for FMB
Based on our trend formula, FMB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||53.6152||Year High Date||2018-01-03|
|Year Low||51.51||Year Low Date||2018-11-02|
|52wk High||57.59||52wk High Date||2021-08-19|
|52wk Low||49.97||52wk Low Date||2022-06-16|
|Average Volume||313,146||Shares Outstanding||500|