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Mutual Trend Analysis Report
Prepared for you on Sunday, May 5, 2024.
THE FIRST TRUST COMBINED SERIES 428 INVESTMENT GRADE MULTI-ASSET INCOM (NASDAQ:FOIRNX)
Long-Term Downtrend (-90) - FOIRNX is in a strong downtrend that is likely to continue. While FOIRNX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FOIRNX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FOIRNX.
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 FOIRNX
The long-term trend has been DOWN since Apr 9th, 2024 at 340.37
The intermediate-term trend has been DOWN since Jan 19th, 2024 at 341.33
The short-term trend has been DOWN since Apr 25th, 2024 at 320.70
Smart Scan Analysis for FOIRNX
Based on our trend formula, FOIRNX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 320.84 | 320.84 | 320.84 | 320.95 | +0.11 |
| Prev. Close | Volume | Bid | Ask | Time |
| 320.84 | 0 | 320.95 | 1127.16 | 2024-05-03 20:00:00 |
| 52wk High | 397.13 | 52wk High Date | 2023-05-05 |
| 52wk Low | 320.62 | 52wk Low Date | 2024-04-25 |
| Year End Close | 341.58 | Yield | 3.9 |
| Payment Date | 2023-09-25 |