We assign a technical rating of 5 out of 10 to FMB. Although FMB is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, FMB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 51.31, 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.
48.62
We found 2 important support areas.
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FMB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FMB is neutral. |
| ChartMill Relative Strength | 39.12 | NEUTRAL | FMB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FMB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FMB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FMB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.03 | NEUTRAL | The RSI value for FMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FMB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.93 | NEUTRAL | The Stochastics value for FMB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for FMB suggests low volalility. |
| Average Directional Index/ADX (14) | 14.45 | NEGATIVE | The low ADX value for FMB suggests a weak or negative trend. |
NASDAQ:FMB (1/28/2026, 8:00:00 PM)
51.33
+0.01 (+0.02%)
ChartMill assigns a technical rating of 5 / 10 to FMB.
The current trend direction for FIRST TRUST MANAGED MUNICIPA (FMB) is Bullish.
FIRST TRUST MANAGED MUNICIPA (FMB) has an RSI value of 56.0343. This indicates that the stock is currently neutral.
The MACD indicator for FIRST TRUST MANAGED MUNICIPA (FMB) has a value of -0.0130515, indicating a bearish trend.
The short term momentum for FIRST TRUST MANAGED MUNICIPA (FMB) is neutral.