Stock Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
First Trust Muni CEF, Income Opportunity ETF (NASDAQ:MCEF)
Weak Downtrend (-65) - MCEF is showing signs of a strengthening downtrend. Monitor MCEF as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MCEF?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCEF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCEF
The long-term trend has been UP since Jul 2nd, 2020 at 18.644
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 20.290
The short-term trend has been DOWN since Feb 16th, 2021 at 20.690
Smart Scan Analysis for MCEF
Based on our trend formula, MCEF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||19.04||Year High Date||2018-01-09|
|Year Low||16.96||Year Low Date||2018-10-31|
|52wk High||20.96||52wk High Date||2021-02-16|
|52wk Low||14.18||52wk Low Date||2020-03-18|
|Average Volume||1,934||Shares Outstanding||100|