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Mutual Trend Analysis Report
Prepared for you on Tuesday, May 7, 2024.
THE FIRST TRUST COMBINED SRS 324 BUILD AMER BDS PTF SRS 16 (NASDAQ:FTMBAX)
Sidelines Mode (-55) - FTMBAX 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 FTMBAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTMBAX.
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 FTMBAX
The long-term trend has been DOWN since Apr 5th, 2024 at 389.17
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 390.18
The short-term trend has been UP since May 1st, 2024 at 380.83
Smart Scan Analysis for FTMBAX
Based on our trend formula, FTMBAX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 382.81 | 382.81 | 382.81 | 386.22 | +1.90 |
| Prev. Close | Volume | Bid | Ask | Time |
| 384.71 | 0 | 384.71 | 397.18 | 2024-05-03 20:00:00 |
| 52wk High | 410.84 | 52wk High Date | 2023-05-11 |
| 52wk Low | 366.52 | 52wk Low Date | 2023-10-19 |
| Year End Close | 400.03 | Yield | 5.3 |
| Payment Date | 2023-09-25 |