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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

First Trust Amex Biotech Index Fund (PACF:FBT)

Weak Downtrend (-65) - FBT is showing signs of a strengthening downtrend. Monitor FBT as it may be building momentum to the downside.

Is it time to buy, sell, or avoid FBT?

MarketClub looks at technical strength and momentum to determine if the timing is right for FBT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_FBT
Open High Low FBT Price Change
148.4800 149.1344 147.5600 148.0050 -0.9550
Entry Signal

MarketClub’s Trade Triangles for FBT

long term down The long-term trend has been DOWN since Apr 17th, 2024 at 144.2700

intermediate term down The intermediate-term trend has been DOWN since Apr 4th, 2024 at 150.6301

short term up The short-term trend has been UP since Apr 29th, 2024 at 146.0650

Smart Scan Analysis for FBT

Based on our trend formula, FBT is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for FBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
148.4800 149.1344 147.5600 148.0050 -0.9550
Prev. Close Volume Bid Ask Time
147.6900 16875 2024-05-08 15:55:00
Year High159.85Year High Date2018-09-28
Year Low124.451Year Low Date2018-04-06
52wk High161.4152wk High Date2024-01-02
52wk Low130.270152wk Low Date2023-10-31
Year End Close45.95Average Volume23,182
Shares Outstanding9,450Assets2,470M
Beta1.08Volatility38.52
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