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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
First Trust Exchange-Traded Fund IV First Trust Intermediate Government Opportunities ETF (PACF:MGOV)
Long-Term Downtrend (-90) - MGOV is in a strong downtrend that is likely to continue. While MGOV 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 MGOV?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGOV.
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 MGOV
The long-term trend has been DOWN since Nov 6th, 2024 at 20.00
The intermediate-term trend has been DOWN since Oct 3rd, 2024 at 20.85
The short-term trend has been DOWN since Nov 12th, 2024 at 20.10
Smart Scan Analysis for MGOV
Based on our trend formula, MGOV is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.9800 | 20.0750 | 19.9700 | 20.0312 | +0.0112 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.0782 | 10328 | 2024-11-18 14:45:19 |
| 52wk High | 21.13 | 52wk High Date | 2024-09-10 |
| 52wk Low | 19.4716 | 52wk Low Date | 2024-04-25 |
| Average Volume | 29,608 |