Mutual Trend Analysis Report
Prepared for you on Thursday, May 23, 2019.
THE FIRST TRUST COMBINED SERIES 482: TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FZOEYX)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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 FZOEYX
The long term trend has been UP since Jan 2nd, 2019 at 1121.82
The intermediate term trend has been UP since May 1st, 2019 at 1136.49
The short term trend has been UP since May 23rd, 2019 at 1141.89
Smart Scan Analysis for FZOEYX
Based on a pre-defined weighted trend formula for chart analysis, FZOEYX scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1242.72||52wk High Date||2019-02-15|
|52wk Low||1102.18||52wk Low Date||2018-11-06|
|Year End Close||1156.420096||Payment Date||2019-02-25|