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Mutual Trend Analysis Report

Prepared for you on Thursday, September 19, 2019.

THE FIRST TRUST COMBINED SERIES 487: TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FMDFLX)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_FMDFLX
Open High Low FMDFLX Price Change
1073.71 1072.72 1072.72 1072.72 -0.99
Entry Signal

MarketClub’s Trade Triangles for FMDFLX

long term up The long term trend has been UP since Jan 2nd, 2019 at 1027.39

intermediate term down The intermediate term trend has been DOWN since Sep 9th, 2019 at 1085.52

short term down The short term trend has been DOWN since Sep 5th, 2019 at 1088.30

Smart Scan Analysis for FMDFLX

Based on a pre-defined weighted trend formula for chart analysis, FMDFLX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for FMDFLX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1073.71 1072.72 1072.72 1072.72 -0.99
Prev. Close Volume Bid Ask Time
1071.75 0 1072.72 1058.07 2019-09-16 20:00:00
52wk High1064.5152wk High Date2019-05-16
52wk Low1000.8352wk Low Date2018-11-06
Year End Close1070.390016Payment Date2019-05-25
Want to analyze THE FIRST TRUST COMBINED SERIES 487: TAX EXEMPT MUNICIPAL INCOME TRUST FMDFLX or another symbol? Try our Free Mutual Trend Analysis Report.