Technical Analysis for FMB - First Trust Exchange-Traded Fund III - First Trust Managed Municipal ETF

Grade Last Price % Change Price Change
D 56.19 0.21% 0.12
FMB closed up 0.21 percent on Thursday, March 4, 2021, on 3.53 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Very Strong Up Down Flat
Historical FMB trend table...

Date Alert Name Type % Chg
1,2,3 Retracement Bearish Bearish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Outside Day Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
1,2,3 Retracement Bearish Bearish Swing Setup 0.21%
180 Bearish Setup Bearish Swing Setup 0.21%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.21%
NR7 Range Contraction 0.21%
Older End-of-Day Signals for FMB ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible Pocket Pivot about 12 hours ago
Up 1 ATR about 14 hours ago
3x Volume Pace about 16 hours ago
2x Volume Pace about 16 hours ago
1.5x Volume Pace about 16 hours ago
View Earlier Intraday Alerts

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Profile

The investment seeks current income that is exempt from regular federal income taxes and its secondary objective will be long term capital appreciation. The fund will invest at least 80% of its net assets in municipal debt securities that pay interest that is exempt from regular federal income taxes. It invests at least 65% of its net assets in investment grade securities. The fund may invest up to 35% of its net assets insecurities that are, at the time of investment, rated below investment grade commonly referred to as "high yield" or "junk" bonds. It is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Bond Private Equity Debt Securities High Yield Debt Bond Fund Municipal Bond Mayfair Capital Investment Management

Is FMB a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 57.4948
52 Week Low 48.9601
Average Volume 183,710
200-Day Moving Average 55.88
50-Day Moving Average 56.81
20-Day Moving Average 56.78
10-Day Moving Average 56.30
Average True Range 0.15
ADX 54.49
+DI 12.67
-DI 40.68
Chandelier Exit (Long, 3 ATRs ) 56.98
Chandelier Exit (Short, 3 ATRs ) 56.43
Upper Bollinger Band 57.83
Lower Bollinger Band 55.73
Percent B (%b) 0.22
BandWidth 3.69
MACD Line -0.24
MACD Signal Line -0.14
MACD Histogram -0.0991
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 56.48
Resistance 3 (R3) 56.46 56.34 56.43
Resistance 2 (R2) 56.34 56.27 56.35 56.41
Resistance 1 (R1) 56.27 56.23 56.31 56.29 56.40
Pivot Point 56.15 56.15 56.17 56.16 56.15
Support 1 (S1) 56.08 56.08 56.12 56.10 55.98
Support 2 (S2) 55.96 56.04 55.97 55.97
Support 3 (S3) 55.89 55.96 55.95
Support 4 (S4) 55.91