Stock Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
First Trust High Income Long Short Fund Common Shares of Beneficial Interest (NYSE:FSD)
Bull Market Weakness (+75) - FSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for FSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FSD
The long-term trend has been UP since Nov 24th, 2020 at 14.36
The intermediate-term trend has been DOWN since Oct 1st, 2021 at 15.82
The short-term trend has been UP since Oct 7th, 2021 at 15.89
Smart Scan Analysis for FSD
Based on our trend formula, FSD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||16.88||Year High Date||2018-01-31|
|Year Low||13.69||Year Low Date||2018-11-23|
|52wk High||16.16||52wk High Date||2021-09-23|
|52wk Low||13.42||52wk Low Date||2020-11-02|
|Year End Close||18.12||Average Volume||82,062|
|Shares Outstanding||36,056||Short Interest||63,826|
|% Institutional||10.5||Market Cap||516M|