Mutual Trend Analysis Report
Prepared for you on Tuesday, August 20, 2019.
THE FIRST TRUST COMBINED SERIES 458: TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FSEMAX)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for FSEMAX
The long term trend has been UP since Jan 2nd, 2019 at 1093.09
The intermediate term trend has been UP since May 6th, 2019 at 1102.44
The short term trend has been UP since Jun 25th, 2019 at 1110.78
Smart Scan Analysis for FSEMAX
Based on a pre-defined weighted trend formula for chart analysis, FSEMAX scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1207.3||52wk High Date||2019-05-24|
|52wk Low||1075.71||52wk Low Date||2018-11-07|
|Year End Close||1121.609984||Yield||3.56|