Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Monday, May 6, 2024.
First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)
Bear Market Rally (-75) - FTSM is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FTSM as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid FTSM?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTSM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for FTSM
The long-term trend has been DOWN since Mar 14th, 2024 at 59.525
The intermediate-term trend has been UP since Apr 22nd, 2024 at 59.700
The short-term trend has been DOWN since May 1st, 2024 at 59.758
Smart Scan Analysis for FTSM
Based on our trend formula, FTSM is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 59.622 | 59.623 | 59.613 | 59.614 | +0.027 |
| Prev. Close | Volume | Bid | Ask | Time |
| 59.630 | 0 | 2024-05-03 17:14:59 |
| Year High | 60.1 | Year High Date | 2018-08-17 |
| Year Low | 59.91 | Year Low Date | 2018-11-21 |
| 52wk High | 59.94 | 52wk High Date | 2024-01-30 |
| 52wk Low | 59.4 | 52wk Low Date | 2023-06-30 |
| Average Volume | 867,454 | Shares Outstanding | 5,950 |
| Market Cap | 4,804M | Volatility | 0.82 |