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Stock Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
First Trust Merger Arbitrage ETF (PACF:MARB)
Bear Market Rally (-75) - MARB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MARB as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MARB?
MarketClub looks at technical strength and momentum to determine if the timing is right for MARB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MARB
The long-term trend has been DOWN since May 13th, 2022 at 19.64
The intermediate-term trend has been DOWN since May 9th, 2022 at 19.80
The short-term trend has been UP since May 23rd, 2022 at 19.77
Smart Scan Analysis for MARB
Based on our trend formula, MARB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.650 | 19.800 | 19.650 | 19.800 | +0.104 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.760 | 10548 | 2022-05-23 15:34:25 |
| 52wk High | 21.03 | 52wk High Date | 2022-03-08 |
| 52wk Low | 17.58 | 52wk Low Date | 2021-11-05 |
| Average Volume | 21,704 |