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Stock Trend Analysis Report

Prepared for you on Saturday, September 7, 2024.

First Trust Merger Arbitrage ETF (PACF:MARB)

Long-Term Downtrend (-90) - MARB is in a strong downtrend that is likely to continue. While MARB 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 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.

PACF_MARB
Open High Low MARB Price Change
19.880 19.890 19.870 19.884 -0.016
Entry Signal

MarketClub’s Trade Triangles for MARB

long term down The long-term trend has been DOWN since Jul 5th, 2024 at 19.1900

intermediate term down The intermediate-term trend has been DOWN since Sep 5th, 2024 at 19.9627

short term down The short-term trend has been DOWN since Sep 3rd, 2024 at 20.0500

Smart Scan Analysis for MARB

Based on our trend formula, MARB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MARB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.880 19.890 19.870 19.884 -0.016
Prev. Close Volume Bid Ask Time
19.868 2659 2024-09-06 14:22:23
52wk High20.4552wk High Date2023-09-15
52wk Low19.0752wk Low Date2024-07-05
Average Volume4,031
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