Mutual Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
THE FIRST TRUST COMBINED SERIES 553: TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FSCORX)
Sidelines Mode (-55) - FSCORX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FSCORX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FSCORX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FSCORX
The long-term trend has been DOWN since Feb 22nd, 2021 at 1161.38
The intermediate-term trend has been DOWN since Feb 19th, 2021 at 1165.26
The short-term trend has been UP since Apr 6th, 2021 at 1153.31
Smart Scan Analysis for FSCORX
Based on our trend formula, FSCORX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1176.66||52wk High Date||2020-08-10|
|52wk Low||1126.37||52wk Low Date||2020-04-30|
|Year End Close||1145.300096||Payment Date||2021-04-25|