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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
THE FIRST TRUST COMBINED SERIES 502: TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FTMANX)
Strong Downtrend (-100) - FTMANX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FTMANX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FTMANX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTMANX.
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 FTMANX
The long-term trend has been DOWN since Mar 14th, 2024 at 818.30
The intermediate-term trend has been DOWN since Jan 8th, 2024 at 828.34
The short-term trend has been DOWN since Mar 13th, 2024 at 818.68
Smart Scan Analysis for FTMANX
Based on our trend formula, FTMANX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 811.67 | 811.67 | 811.67 | 811.17 | -0.50 |
| Prev. Close | Volume | Bid | Ask | Time |
| 811.67 | 0 | 811.17 | 1160.42 | 2024-04-25 20:00:00 |
| 52wk High | 1160.42 | 52wk High Date | 2024-04-24 |
| 52wk Low | 811.03 | 52wk Low Date | 2023-10-31 |
| Year End Close | 955.14 | Payment Date | 2023-09-25 |