Stock Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
First Trust Global Engineering and Construction ETF (PACF:FLM)
Bull Market Weakness (+75) - FLM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FLM as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FLM?
MarketClub looks at technical strength and momentum to determine if the timing is right for FLM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FLM
The long-term trend has been DOWN since Jul 8th, 2021 at 53.770
The intermediate-term trend has been UP since Oct 20th, 2021 at 54.855
The short-term trend has been UP since Oct 14th, 2021 at 54.000
Smart Scan Analysis for FLM
Based on our trend formula, FLM is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||63.91||Year High Date||2018-01-26|
|Year Low||48.8928||Year Low Date||2018-11-20|
|52wk High||59.94||52wk High Date||2021-05-10|
|52wk Low||40.79||52wk Low Date||2020-10-28|
|Year End Close||42.28||Average Volume||1,821|