Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
First Trust New Opportunities MLP & Energy Fund Common Shares of Beneficial Interest (NYSE:FPL)
Bull Market Weakness (+75) - FPL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FPL as it may be in the beginning stages of a reversal.
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 Jul 21st, 2023 at 6.2900
The intermediate-term trend has been UP since Sep 22nd, 2023 at 6.4700
The short-term trend has been DOWN since Sep 25th, 2023 at 6.3538
Smart Scan Analysis for FPL
Based on our trend formula, FPL is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.3400 | 6.4099 | 6.3200 | 6.3733 | +0.0483 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.3250 | 38130 | 2023-09-27 15:56:53 |
| Year High | 13.49 | Year High Date | 2018-01-24 |
| Year Low | 8.2537 | Year Low Date | 2018-11-20 |
| 52wk High | 6.52 | 52wk High Date | 2023-09-25 |
| 52wk Low | 5.16 | 52wk Low Date | 2023-03-24 |
| Average Volume | 51,531 | Market Cap | 239M |
| Assets | 230,883,414M | Liabilities | 62,757,269M |
| P/E Ratio | 24.3269 | Volatility | 20.81 |