Stock Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
First Asset Canadian Buyback Index ETF (TSE:FBE)
Countertrend Up (+85) - FBE is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid FBE?
MarketClub looks at technical strength and momentum to determine if the timing is right for FBE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FBE
The long-term trend has been UP since Oct 16th, 2020 at 21.52
The intermediate-term trend has been UP since Nov 5th, 2020 at 21.62
The short-term trend has been UP since Nov 4th, 2020 at 21.37
Smart Scan Analysis for FBE
Based on our trend formula, FBE is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||24.97||Year High Date||2018-06-14|
|Year Low||22.2||Year Low Date||2018-02-09|
|52wk High||24.97||52wk High Date||2018-06-14|
|52wk Low||22.2||52wk Low Date||2018-02-09|