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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
First Trust Nasdaq BuyWrite Income ETF (NASDAQ:FTQI)
Weak Downtrend (-65) - FTQI is showing signs of a strengthening downtrend. Monitor FTQI as it may be building momentum to the downside.
Is it time to buy, sell, or avoid FTQI?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTQI.
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 FTQI
The long-term trend has been DOWN since Apr 19th, 2024 at 19.523
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 20.273
The short-term trend has been UP since May 3rd, 2024 at 20.000
Smart Scan Analysis for FTQI
Based on our trend formula, FTQI is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.360 | 20.394 | 20.228 | 20.264 | -0.093 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.300 | 0 | 2024-05-08 16:58:35 |
| 52wk High | 20.85 | 52wk High Date | 2024-03-21 |
| 52wk Low | 18.1501 | 52wk Low Date | 2023-10-26 |
| Average Volume | 136,459 | Shares Outstanding | 650 |
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