Stock Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
First Trust Municipal CEF Income Opportunity ETF (NASDAQ:MCEF)
Countertrend Down (-85) - MCEF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Sep 28th, 2021 at 21.0000
The intermediate-term trend has been DOWN since Sep 7th, 2021 at 21.4710
The short-term trend has been UP since Oct 7th, 2021 at 20.7758
Smart Scan Analysis for MCEF
Based on our trend formula, MCEF is rated as a -85 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||23.21||52wk High Date||2021-08-02|
|52wk Low||18.68||52wk Low Date||2020-10-28|
|Average Volume||9,583||Shares Outstanding||100|