Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
First Trust New Opportunities MLP & Energy Fund Common Shares of Beneficial Interest (NYSE:FPL)
Long-Term Uptrend (+90) - FPL is in a strong uptrend that is likely to continue. While FPL 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 FPL?
MarketClub looks at technical strength and momentum to determine if the timing is right for FPL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FPL
The long-term trend has been UP since Nov 19th, 2020 at 4.2800
The intermediate-term trend has been UP since Sep 27th, 2021 at 5.7800
The short-term trend has been UP since Oct 5th, 2021 at 5.7388
Smart Scan Analysis for FPL
Based on our trend formula, FPL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||13.49||Year High Date||2018-01-24|
|Year Low||8.2537||Year Low Date||2018-11-20|
|52wk High||6.26||52wk High Date||2021-06-16|
|52wk Low||3.55||52wk Low Date||2020-10-29|
|Average Volume||90,926||Market Cap||239M|