Mutual Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
THE FIRST TRUST COMBINED SERIES 407 INSURED TAX EXEMPT MUNICIPAL INCOM (NASDAQ:FSHLAX)
Bear Market Rally (-75) - FSHLAX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FSHLAX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid FSHLAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FSHLAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FSHLAX
The long-term trend has been DOWN since Jul 9th, 2019 at 872.24
The intermediate-term trend has been DOWN since May 3rd, 2021 at 768.08
The short-term trend has been UP since May 4th, 2021 at 768.16
Smart Scan Analysis for FSHLAX
Based on our trend formula, FSHLAX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||897.7||52wk High Date||2021-05-07|
|52wk Low||767.84||52wk Low Date||2021-03-18|
|Year End Close||774.82||Yield||4.07|