Mutual Trend Analysis Report
Prepared for you on Wednesday, April 24, 2019.
THE FIRST TRUST COMBINED SERIES 482: TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FZOEYX)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
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 Mar 7th, 2019 at 1133.71
The short term trend has been DOWN since Apr 1st, 2019 at 1138.76
Smart Scan Analysis for FZOEYX
Based on a pre-defined weighted trend formula for chart analysis, FZOEYX scored +65 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|