Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

First Trust California Municipal High income ETF (NASDAQ:FCAL)

Long-Term Downtrend (-90) - FCAL is in a strong downtrend that is likely to continue. While FCAL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

NASDAQ_FCAL
Open High Low FCAL Price Change
49.176 49.177 49.158 49.170 +0.002
Entry Signal

MarketClub’s Trade Triangles for FCAL

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 49.339

intermediate term down The intermediate-term trend has been DOWN since Mar 26th, 2024 at 49.607

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 49.848

Smart Scan Analysis for FCAL

Based on our trend formula, FCAL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for FCAL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
49.176 49.177 49.158 49.170 +0.002
Prev. Close Volume Bid Ask Time
49.140 0 2024-04-18 15:56:40
Year High53Year High Date2018-03-29
Year Low48.91Year Low Date2018-02-20
52wk High51.9752wk High Date2023-12-20
52wk Low46.352wk Low Date2023-10-24
Average Volume20,458Shares Outstanding200
Market Cap42MVolatility4.46
Get a free daily analysis and signals for First Trust California Municipal High income ETF (FCAL) - Request Your Free Report.