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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

First Trust Amex Biotech Index Fund (PACF:FBT)

Countertrend Up (+85) - FBT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
153.8600 154.7786 152.6828 154.7250 +1.6750
Entry Signal

MarketClub’s Trade Triangles for FBT

long term up The long-term trend has been UP since Dec 14th, 2023 at 156.4362

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2024 at 151.6832

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 152.7200

Smart Scan Analysis for FBT

Based on our trend formula, FBT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for FBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
153.8600 154.7786 152.6828 154.7250 +1.6750
Prev. Close Volume Bid Ask Time
154.7500 24255 2024-03-27 15:55:58
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 Volume20,573
Shares Outstanding9,450Assets2,470M
Beta1.08Volatility38.52
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