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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)
Crossroads (+60) - LMBS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid LMBS?
MarketClub looks at technical strength and momentum to determine if the timing is right for LMBS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for LMBS
The long-term trend has been DOWN since Apr 11th, 2024 at 47.846
The intermediate-term trend has been UP since May 6th, 2024 at 47.888
The short-term trend has been UP since May 2nd, 2024 at 47.687
Smart Scan Analysis for LMBS
Based on our trend formula, LMBS is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 47.998 | 48.003 | 47.970 | 47.985 | +0.077 |
| Prev. Close | Volume | Bid | Ask | Time |
| 47.980 | 0 | 2024-05-08 17:14:39 |
| Year High | 51.77 | Year High Date | 2018-01-04 |
| Year Low | 50.78 | Year Low Date | 2018-11-08 |
| 52wk High | 48.55 | 52wk High Date | 2024-01-12 |
| 52wk Low | 46.58 | 52wk Low Date | 2023-10-26 |
| Average Volume | 427,403 | Shares Outstanding | 2,550 |
| Market Cap | 3,400M | Volatility | 1.47 |