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Mutual Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (NASDAQ:XFPLX)

Bull Market Weakness (+75) - XFPLX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XFPLX as it may be in the beginning stages of a reversal.

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

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

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

NASDAQ_XFPLX
Open High Low XFPLX Price Change
7.74 7.74 7.74 7.82 +0.04
Entry Signal

MarketClub’s Trade Triangles for XFPLX

long term up The long-term trend has been UP since Nov 29th, 2023 at 7.53

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 7.66

short term up The short-term trend has been UP since Apr 18th, 2024 at 7.58

Smart Scan Analysis for XFPLX

Based on our trend formula, XFPLX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for XFPLX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.74 7.74 7.74 7.82 +0.04
Prev. Close Volume Bid Ask Time
7.85 0 7.78 2024-04-22 20:00:00
52wk High7.9252wk High Date2024-04-03
52wk Low6.7752wk Low Date2023-05-31
Year End Close7.49Payment Date2023-09-15
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