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Stock Trend Analysis Report
Prepared for you on Friday, May 3, 2024.
First Trust Flexible Municipal High Income ETF (NASDAQ:MFLX)
Bull Market Weakness (+75) - MFLX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MFLX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MFLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MFLX.
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 MFLX
The long-term trend has been DOWN since Apr 11th, 2024 at 16.6900
The intermediate-term trend has been UP since May 3rd, 2024 at 16.8944
The short-term trend has been UP since May 3rd, 2024 at 16.7500
Smart Scan Analysis for MFLX
Based on our trend formula, MFLX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.7600 | 16.9500 | 16.7903 | 16.9000 | +0.1300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.7700 | 12186 | 2024-05-03 10:21:06 |
| 52wk High | 18.81 | 52wk High Date | 2023-07-28 |
| 52wk Low | 15.172 | 52wk Low Date | 2023-10-24 |
| Average Volume | 4,952 | Shares Outstanding | 100 |