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Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID)
Sidelines Mode (+55) - GRID is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GRID?
MarketClub looks at technical strength and momentum to determine if the timing is right for GRID.
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 GRID
The long-term trend has been UP since Dec 14th, 2023 at 101.656
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 111.729
The short-term trend has been UP since Apr 23rd, 2024 at 111.516
Smart Scan Analysis for GRID
Based on our trend formula, GRID is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 111.864 | 113.170 | 111.520 | 112.100 | +0.340 |
| Prev. Close | Volume | Bid | Ask | Time |
| 111.760 | 42607 | 2024-04-24 15:40:00 |
| Year High | 53.73 | Year High Date | 2018-01-24 |
| Year Low | 41.01 | Year Low Date | 2018-11-20 |
| 52wk High | 115.7383 | 52wk High Date | 2024-04-04 |
| 52wk Low | 85.1 | 52wk Low Date | 2023-10-27 |
| Year End Close | 29.23 | Average Volume | 49,466 |
| Shares Outstanding | 100 | Market Cap | 27M |
| Assets | 126M | Beta | 1.17 |
| Volatility | 21 |