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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.

PACF_FMF
Open High Low FMF Price Change
47.1200 47.3800 45.3600 47.0300 +0.0805
Entry Signal

MarketClub’s Trade Triangles for FMF

long term down The long-term trend has been DOWN since Nov 8th, 2023 at 47.6500

intermediate term down The intermediate-term trend has been DOWN since Sep 26th, 2023 at 48.9000

short term down 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).

-90
Smart Scan Analysis for FMF
Strong Downtrend Sideways 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 High51.53Year High Date2018-01-25
Year Low37.8Year Low Date2018-04-03
52wk High50.0452wk High Date2023-09-15
52wk Low45.5652wk Low Date2023-04-05
Average Volume34,466Volatility20.42
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