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Mutual Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
FIRST TRUST SHORT DURATION HIGH INCOME FD CL A (NASDAQ:FDHAX)
Long-Term Downtrend (-90) - FDHAX is in a strong downtrend that is likely to continue. While FDHAX 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 FDHAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FDHAX.
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 FDHAX
The long-term trend has been DOWN since Apr 10th, 2024 at 18.03
The intermediate-term trend has been DOWN since Mar 22nd, 2024 at 18.15
The short-term trend has been DOWN since Mar 22nd, 2024 at 18.15
Smart Scan Analysis for FDHAX
Based on our trend formula, FDHAX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.90 | 17.90 | 17.90 | 17.93 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.91 | 0 | 17.90 | 18.55 | 2024-04-18 20:00:00 |
| 52wk High | 18.9 | 52wk High Date | 2023-12-28 |
| 52wk Low | 17.67 | 52wk Low Date | 2023-05-31 |
| Year End Close | 18.23 | Yield | 8.2471 |
| Payment Date | 2015-08-19 |