Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
First Trust Managed Futures Strategy Fund (PACF:FMF)
Long-Term Downtrend (-90) - FMF is in a strong downtrend that is likely to continue. While FMF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FMF?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for FMF
The long-term trend has been DOWN since Nov 8th, 2023 at 47.6500
The intermediate-term trend has been DOWN since Sep 26th, 2023 at 48.9000
The short-term trend has been DOWN since Nov 30th, 2023 at 47.7501
Smart Scan Analysis for FMF
Based on our trend formula, FMF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 47.1200 | 47.3800 | 45.3600 | 47.0300 | +0.0805 |
| Prev. Close | Volume | Bid | Ask | Time |
| 47.1550 | 113110 | 2023-12-08 15:52:43 |
| Year High | 51.53 | Year High Date | 2018-01-25 |
| Year Low | 37.8 | Year Low Date | 2018-04-03 |
| 52wk High | 50.04 | 52wk High Date | 2023-09-15 |
| 52wk Low | 45.56 | 52wk Low Date | 2023-04-05 |
| Average Volume | 34,466 | Volatility | 20.42 |