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Mutual Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

FIRST TRUST/CONFLUENCE SMALL CAP VALUE FUND CLASS I (NASDAQ:FOVIX)

Strong Uptrend (+100) - FOVIX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, FOVIX 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 FOVIX?

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

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

NASDAQ_FOVIX
Open High Low FOVIX Price Change
31.42 31.42 31.42 32.22 +0.30
Entry Signal

MarketClub’s Trade Triangles for FOVIX

long term up The long-term trend has been UP since Dec 14th, 2023 at 29.76

intermediate term up The intermediate-term trend has been UP since Jan 29th, 2024 at 29.16

short term up The short-term trend has been UP since Mar 7th, 2024 at 30.69

Smart Scan Analysis for FOVIX

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

+100
Smart Scan Analysis for FOVIX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.42 31.42 31.42 32.22 +0.30
Prev. Close Volume Bid Ask Time
31.41 0 31.72 31.72 2024-03-21 20:00:00
52wk High32.0652wk High Date2024-03-27
52wk Low25.8652wk Low Date2023-10-27
Year End Close29.55Payment Date2023-12-21
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