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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
First Trust Municipal Closed-End Fund Total Return Index (CME:MNCEFT)
Strong Uptrend (+100) - MNCEFT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MNCEFT continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid MNCEFT?
MarketClub looks at technical strength and momentum to determine if the timing is right for MNCEFT.
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 MNCEFT
The long-term trend has been UP since Dec 1st, 2023 at 2003.80
The intermediate-term trend has been UP since Jun 5th, 2024 at 2150.50
The short-term trend has been UP since Jul 24th, 2024 at 2220.86
Smart Scan Analysis for MNCEFT
Based on our trend formula, MNCEFT is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2217.56 | 2227.25 | 2217.56 | 2226.45 | +8.89 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2217.56 | 0 | 2024-07-26 16:20:02 |
| 52wk High | 2027.03 | 52wk High Date | 2017-12-08 |
| 52wk Low | 1839.02 | 52wk Low Date | 2018-10-30 |