Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

First Trust Exchange-Traded Fund IV First Trust Structured Credit Income Opportunities ETF (PACF:SCIO)

Strong Downtrend (-100) - SCIO is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SCIO continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SCIO?

MarketClub looks at technical strength and momentum to determine if the timing is right for SCIO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_SCIO
Open High Low SCIO Price Change
20.16 20.16 20.15 20.15 +0.01
Entry Signal

MarketClub’s Trade Triangles for SCIO

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 20.240

intermediate term down The intermediate-term trend has been DOWN since May 28th, 2024 at 20.160

short term down The short-term trend has been DOWN since May 3rd, 2024 at 20.175

Smart Scan Analysis for SCIO

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

-100
Smart Scan Analysis for SCIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.16 20.16 20.15 20.15 +0.01
Prev. Close Volume Bid Ask Time
20.14 4250 2024-05-28 13:44:07
52wk High20.3452wk High Date2024-05-17
52wk Low20.111652wk Low Date2024-03-01
Average Volume12,398
Get a free daily analysis and signals for First Trust Exchange-Traded Fund IV First Trust Structured Credit Income Opportunities ETF (SCIO) - Request Your Free Report.