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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

First Trust New Opportunities MLP & Energy Fund Common Shares of Beneficial Interest (NYSE:FPL)

Strong Uptrend (+100) - FPL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, FPL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

NYSE_FPL
Open High Low FPL Price Change
7.57 7.67 7.57 7.66 +0.11
Entry Signal

MarketClub’s Trade Triangles for FPL

long term up The long-term trend has been UP since Oct 24th, 2023 at 6.5200

intermediate term up The intermediate-term trend has been UP since Feb 20th, 2024 at 6.9699

short term up The short-term trend has been UP since Feb 29th, 2024 at 7.0000

Smart Scan Analysis for FPL

Based on our trend formula, FPL is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for FPL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.57 7.67 7.57 7.66 +0.11
Prev. Close Volume Bid Ask Time
7.55 68091 2024-03-28 16:00:00
Year High13.49Year High Date2018-01-24
Year Low8.2537Year Low Date2018-11-20
52wk High7.5552wk High Date2024-03-27
52wk Low5.6552wk Low Date2023-06-01
Average Volume81,840Market Cap239M
Assets230,883,414MLiabilities62,757,269M
P/E Ratio23.6923Volatility20.81
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