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Mutual Trend Analysis Report

Prepared for you on Friday, May 10, 2024.

FIRST TRUST PREFERRED SECURITIES AND INCOME FUND CLASS R3 (NASDAQ:FPERX)

Long-Term Uptrend (+90) - FPERX is in a strong uptrend that is likely to continue. While FPERX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

NASDAQ_FPERX
Open High Low FPERX Price Change
19.06 19.06 19.06 19.04 -0.04
Entry Signal

MarketClub’s Trade Triangles for FPERX

long term up The long-term trend has been UP since Nov 29th, 2023 at 18.03

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 19.00

short term up The short-term trend has been UP since Apr 23rd, 2024 at 18.82

Smart Scan Analysis for FPERX

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

+90
Smart Scan Analysis for FPERX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.06 19.06 19.06 19.04 -0.04
Prev. Close Volume Bid Ask Time
19.06 0 19.02 19.02 2024-05-08 20:00:00
52wk High19.1752wk High Date2024-03-27
52wk Low17.2752wk Low Date2023-10-27
Year End Close18.69Yield5.2406
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