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Mutual Trend Analysis Report

Prepared for you on Wednesday, April 17, 2024.

THE FIRST TRUST COMBINED SERIES 556: INVESTMENT GRADE MULTI-ASSET INCO (NASDAQ:FWNLAX)

Weak Downtrend (-65) - FWNLAX is showing signs of a strengthening downtrend. Monitor FWNLAX as it may be building momentum to the downside.

Is it time to buy, sell, or avoid FWNLAX?

MarketClub looks at technical strength and momentum to determine if the timing is right for FWNLAX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FWNLAX
Open High Low FWNLAX Price Change
824.02 824.02 824.02 823.56 +0.76
Entry Signal

MarketClub’s Trade Triangles for FWNLAX

long term up The long-term trend has been UP since Dec 1st, 2023 at 823.64

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 826.67

short term down The short-term trend has been DOWN since Apr 5th, 2024 at 828.97

Smart Scan Analysis for FWNLAX

Based on our trend formula, FWNLAX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for FWNLAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
824.02 824.02 824.02 823.56 +0.76
Prev. Close Volume Bid Ask Time
823.21 0 824.78 1065.92 2024-04-12 20:00:00
52wk High839.9552wk High Date2023-05-04
52wk Low805.7952wk Low Date2023-10-25
Year End Close835.04Payment Date2024-04-25
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