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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
THE FIRST TRUST COMBINED SERIES 487: TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FMDFLX)
Countertrend Down (-85) - FMDFLX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid FMDFLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMDFLX.
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 FMDFLX
The long-term trend has been DOWN since Mar 27th, 2024 at 855.90
The intermediate-term trend has been DOWN since Jan 10th, 2024 at 869.09
The short-term trend has been UP since Apr 23rd, 2024 at 846.74
Smart Scan Analysis for FMDFLX
Based on our trend formula, FMDFLX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 846.74 | 846.74 | 846.74 | 841.18 | +0.24 |
| Prev. Close | Volume | Bid | Ask | Time |
| 845.88 | 0 | 846.98 | 1058.07 | 2024-04-23 20:00:00 |
| 52wk High | 1058.07 | 52wk High Date | 2024-04-24 |
| 52wk Low | 793.08 | 52wk Low Date | 2023-10-31 |
| Year End Close | 1078.25 | Payment Date | 2023-09-25 |