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FIRST TRUST MANAGED MUNICIPA (FMB) Stock Technical Analysis

NASDAQ:FMB - Nasdaq - US33739N1081 - ETF - Currency: USD

51.24  -0.01 (-0.02%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to FMB. FMB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

FMB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FMB is lagging the market slightly.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, FMB turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
In the last month FMB has a been trading in a tight range between 50.75 and 51.37.
Weekly and Daily overview Charts
FIRST TRUST MANAGED MUNICIPA / FMB Weekly stock chart
FIRST TRUST MANAGED MUNICIPA / FMB Daily stock chart
Setup Rating and Analysis

10

FMB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 51.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 51.17, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FMB in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

49.98

52.61

When analyzing the support we notice one important area.

  • A support zone ranging from 50.48 to 51.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 51.30 to 52.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.81
Mansfield-0.74
10 Day High51.33
10 Day Low50.88
20 Day High51.37
20 Day Low50.75
52 Week High52.13
52 Week Low48.1
Performance
1 Week0.29%
2 Weeks-0.14%
1 Month0.99%
3 Month-0.21%
6 Month-0.83%
12 Month-0.47%
2 Year1.79%
3 Year-6.62%
5 Year-10.37%
10 Year-1.23%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)54.85
LBB50.97
UBB51.39
FIRST TRUST MANAGED MUNICIPA / FMB Daily stock chart

FIRST TRUST MANAGED MUNICIPA

NASDAQ:FMB (2/21/2025, 8:18:59 PM)

51.24

-0.01 (-0.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.02%
1 Week0.29%
2 Weeks-0.14%
1 Month0.99%
3 Month-0.21%
6 Month-0.83%
12 Month-0.47%
2 Year1.79%
3 Year-6.62%
5 Year-10.37%
10 Year-1.23%
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%0.33%
ATR Inc-22.94%
Range Today0.2
ADR(20)0.14
ADR(20)%0.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.81
Mansfield-0.74
10 Day High51.33
10 Day Low50.88
20 Day High51.37
20 Day Low50.75
52 Week High52.13
52 Week Low48.1
CS1 End51.17
CR1 Start51.3
Volume & EV
DER(3)3.47%
DER(5)0.35%
Volume114.20K
Volume Incr-4.26%
Vol(5)187.28K
Vol(50)221.52K