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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

First Trust Municipal High Income ETF (NASDAQ:FMHI)

Countertrend Down (-85) - FMHI 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 FMHI?

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

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

NASDAQ_FMHI
Open High Low FMHI Price Change
48.169 48.186 48.137 48.137 -0.017
Entry Signal

MarketClub’s Trade Triangles for FMHI

long term down The long-term trend has been DOWN since Nov 6th, 2024 at 48.313

intermediate term down The intermediate-term trend has been DOWN since Dec 16th, 2024 at 48.747

short term up The short-term trend has been UP since Dec 26th, 2024 at 48.184

Smart Scan Analysis for FMHI

Based on our trend formula, FMHI is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for FMHI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
48.169 48.186 48.137 48.137 -0.017
Prev. Close Volume Bid Ask Time
48.030 0 2024-12-26 13:00:36
Year High53.4684Year High Date2018-01-02
Year Low49.18Year Low Date2018-11-26
52wk High49.5152wk High Date2024-10-01
52wk Low47.1452wk Low Date2024-01-23
Average Volume84,651Shares Outstanding400
Market Cap69MVolatility4.33
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