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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

First Trust Composite Closed-End Fund Total Return Index (CME:UPCEFT)

Strong Uptrend (+100) - UPCEFT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, UPCEFT continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

CME_UPCEFT
Open High Low UPCEFT Price Change
2613.07 2620.35 2612.86 2620.09 +10.53
Entry Signal

MarketClub’s Trade Triangles for UPCEFT

long term up The long-term trend has been UP since Dec 1st, 2023 at 2365.83

intermediate term up The intermediate-term trend has been UP since Jan 29th, 2024 at 2484.06

short term up The short-term trend has been UP since Mar 20th, 2024 at 2576.93

Smart Scan Analysis for UPCEFT

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

+100
Smart Scan Analysis for UPCEFT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2613.07 2620.35 2612.86 2620.09 +10.53
Prev. Close Volume Bid Ask Time
2620.09 0 2024-03-28 17:51:10
52wk High2098.3852wk High Date2018-08-29
52wk Low1916.3152wk Low Date2018-11-23
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