FIRST TRUST MANAGED MUNICIPA (FMB) Stock Technical Analysis
NASDAQ:FMB - Nasdaq - US33739N1081 - ETF - Currency: USD
Taking everything into account, FMB scores 0 out of 10 in our technical rating. FMB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, FMB does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 49.71, 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.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
47.75
We found 2 important support areas.
- A support zone ranging from 49.11 to 49.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @48.23 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 50.75 to 50.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 51.88 to 52.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for FMB is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FMB is neutral. |
| ChartMill Relative Strength | 33.56 | NEUTRAL | FMB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FMB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FMB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FMB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.06 | NEUTRAL | The RSI value for FMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests FMB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.22 | NEUTRAL | The Stochastics value for FMB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.49 | LOW VOLATILITY | The low ATR as a percentage value for FMB suggests low volalility. |
| Average Directional Index/ADX (14) | 9.65 | NEGATIVE | The low ADX value for FMB suggests a weak or negative trend. |
NASDAQ:FMB (6/16/2025, 11:03:06 AM)
49.72
+0.01 (+0.02%)