Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Saturday, May 31, 2025.
First Trust Municipal Closed-End Fund Index (CME:MNCEF)
Bear Market Rally (-75) - MNCEF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MNCEF as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MNCEF?
MarketClub looks at technical strength and momentum to determine if the timing is right for MNCEF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MNCEF
The long-term trend has been DOWN since Nov 6th, 2024 at 789.55
The intermediate-term trend has been DOWN since May 21st, 2025 at 741.26
The short-term trend has been UP since May 28th, 2025 at 744.93
Smart Scan Analysis for MNCEF
Based on our trend formula, MNCEF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 744.12 | 744.63 | 743.16 | 744.63 | +2.10 |
| Prev. Close | Volume | Bid | Ask | Time |
| 744.63 | 0 | 2025-05-30 16:20:02 |
| 52wk High | 990.51 | 52wk High Date | 2017-12-07 |
| 52wk Low | 857.19 | 52wk Low Date | 2018-10-30 |