Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

First Trust Municipal Closed-End Fund Total Return Index (CME:MNCEFT)

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

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.

CME_MNCEFT
Open High Low MNCEFT Price Change
2443.54 2459.74 2435.29 2438.41 -4.58
Entry Signal

MarketClub’s Trade Triangles for MNCEFT

long term down The long-term trend has been DOWN since Jan 14th, 2022 at 2546.28

intermediate term down The intermediate-term trend has been DOWN since Jan 5th, 2022 at 2611.01

short term down The short-term trend has been DOWN since Jan 4th, 2022 at 2628.03

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).

-100
Smart Scan Analysis for MNCEFT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2443.54 2459.74 2435.29 2438.41 -4.58
Prev. Close Volume Bid Ask Time
2438.41 0 2022-01-21 16:20:02
52wk High2027.0352wk High Date2017-12-08
52wk Low1839.0252wk Low Date2018-10-30
Get a free daily analysis and signals for First Trust Municipal Closed-End Fund Total Return Index (MNCEFT) - Request Your Free Report.