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Stock Trend Analysis Report
Prepared for you on Sunday, June 4, 2023.
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID)
Long-Term Uptrend (+90) - GRID is in a strong uptrend that is likely to continue. While GRID 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 GRID?
MarketClub looks at technical strength and momentum to determine if the timing is right for GRID.
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 GRID
The long-term trend has been UP since Nov 22nd, 2022 at 91.876
The intermediate-term trend has been UP since Mar 31st, 2023 at 97.288
The short-term trend has been UP since May 26th, 2023 at 98.416
Smart Scan Analysis for GRID
Based on our trend formula, GRID is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 99.689 | 100.973 | 99.662 | 100.846 | +1.449 |
| Prev. Close | Volume | Bid | Ask | Time |
| 101.330 | 0 | 2023-06-02 17:14:54 |
| Year High | 53.73 | Year High Date | 2018-01-24 |
| Year Low | 41.01 | Year Low Date | 2018-11-20 |
| 52wk High | 101.09 | 52wk High Date | 2023-05-30 |
| 52wk Low | 71.9211 | 52wk Low Date | 2022-10-13 |
| Year End Close | 29.23 | Average Volume | 51,963 |
| Shares Outstanding | 100 | Market Cap | 27M |
| Assets | 126M | Beta | 1.17 |
| Volatility | 21 |