Mutual Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
THE FIRST TRUST COMBINED SERIES 535: TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FPUMPX)
Strong Downtrend (-100) - FPUMPX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FPUMPX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FPUMPX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FPUMPX
The long-term trend has been DOWN since Feb 22nd, 2021 at 1145.25
The intermediate-term trend has been DOWN since Jun 18th, 2021 at 1140.06
The short-term trend has been DOWN since Jun 15th, 2021 at 1143.45
Smart Scan Analysis for FPUMPX
Based on our trend formula, FPUMPX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1156.67||52wk High Date||2020-08-10|
|52wk Low||1135.05||52wk Low Date||2021-02-25|
|Year End Close||1129.949952||Payment Date||2021-06-25|