Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

First Trust Amex Biotech Index Fund (PACF:FBT)

Bear Market Rally (-75) - FBT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FBT as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid FBT?

MarketClub looks at technical strength and momentum to determine if the timing is right for FBT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_FBT
Open High Low FBT Price Change
145.7300 146.0650 145.7066 146.0650 +1.0950
Entry Signal

MarketClub’s Trade Triangles for FBT

long term down The long-term trend has been DOWN since Apr 17th, 2024 at 144.2700

intermediate term down The intermediate-term trend has been DOWN since Apr 4th, 2024 at 150.6301

short term up The short-term trend has been UP since Apr 23rd, 2024 at 143.8901

Smart Scan Analysis for FBT

Based on our trend formula, FBT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for FBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
145.7300 146.0650 145.7066 146.0650 +1.0950
Prev. Close Volume Bid Ask Time
144.9700 1710 2024-04-24 10:21:09
Year High159.85Year High Date2018-09-28
Year Low124.451Year Low Date2018-04-06
52wk High161.4152wk High Date2024-01-02
52wk Low130.270152wk Low Date2023-10-31
Year End Close45.95Average Volume24,154
Shares Outstanding9,450Assets2,470M
Beta1.08Volatility38.52
Get a free daily analysis and signals for First Trust Amex Biotech Index Fund (FBT) - Request Your Free Report.