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Mutual Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

FIDELITY MICHIGAN MUNICIPAL INCOME FUND (NASDAQ:FMHTX)

Countertrend Down (-85) - FMHTX 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 FMHTX?

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

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

NASDAQ_FMHTX
Open High Low FMHTX Price Change
11.39 11.39 11.39 11.38 0.00
Entry Signal

MarketClub’s Trade Triangles for FMHTX

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 11.44

intermediate term down The intermediate-term trend has been DOWN since Mar 26th, 2024 at 11.51

short term up The short-term trend has been UP since Apr 22nd, 2024 at 11.38

Smart Scan Analysis for FMHTX

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

-85
Smart Scan Analysis for FMHTX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.39 11.39 11.39 11.38 0.00
Prev. Close Volume Bid Ask Time
11.39 0 11.39 11.39 2024-04-23 17:19:08
52wk High11.5952wk High Date2023-12-27
52wk Low10.6752wk Low Date2023-10-30
Year End Close11.59Payment Date2020-02-10
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