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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
First Trust Specialty Finance and Financial Opportunities Fund (NYSE:FGB)
Countertrend Up (+85) - FGB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid FGB?
MarketClub looks at technical strength and momentum to determine if the timing is right for FGB.
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 FGB
The long-term trend has been UP since Dec 14th, 2023 at 3.4800
The intermediate-term trend has been UP since Jul 1st, 2024 at 3.9348
The short-term trend has been DOWN since Jul 24th, 2024 at 3.9600
Smart Scan Analysis for FGB
Based on our trend formula, FGB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.9600 | 3.9933 | 3.9200 | 3.9700 | +0.0100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.9600 | 32041 | 2024-07-26 15:59:23 |
| Year High | 6.65 | Year High Date | 2018-01-25 |
| Year Low | 5.65 | Year Low Date | 2018-02-06 |
| 52wk High | 4.0998 | 52wk High Date | 2024-07-22 |
| 52wk Low | 2.98 | 52wk Low Date | 2023-10-30 |
| Year End Close | 7.8 | Average Volume | 46,831 |
| Shares Outstanding | 14,278 | Market Cap | 85M |
| Assets | 66,352,607M | Liabilities | 8,741,278M |
| P/E Ratio | 12.8846 | Beta | 0.9 |
| Volatility | 24.43 |