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Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
First Trust Composite Closed-End Fund Index (CME:UPCEF)
Sidelines Mode (+55) - UPCEF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid UPCEF?
MarketClub looks at technical strength and momentum to determine if the timing is right for UPCEF.
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 UPCEF
The long-term trend has been UP since Dec 14th, 2023 at 587.61
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 608.01
The short-term trend has been UP since Apr 19th, 2024 at 594.17
Smart Scan Analysis for UPCEF
Based on our trend formula, UPCEF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 594.46 | 595.97 | 592.93 | 595.72 | -2.90 |
| Prev. Close | Volume | Bid | Ask | Time |
| 595.72 | 0 | 2024-04-25 16:20:02 |
| 52wk High | 791.7 | 52wk High Date | 2018-01-24 |
| 52wk Low | 682.99 | 52wk Low Date | 2018-11-23 |