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Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
First Trust Municipal Closed-End Fund Total Return Index (CME:MNCEFT)
Weak Downtrend (-65) - MNCEFT is showing signs of a strengthening downtrend. Monitor MNCEFT as it may be building momentum to the downside.
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 DOWN since Apr 2nd, 2024 at 2119.08
The short-term trend has been DOWN since Apr 1st, 2024 at 2131.95
Smart Scan Analysis for MNCEFT
Based on our trend formula, MNCEFT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2086.63 | 2086.63 | 2077.77 | 2078.60 | -7.73 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2078.60 | 0 | 2024-04-18 16:19:47 |
| 52wk High | 2027.03 | 52wk High Date | 2017-12-08 |
| 52wk Low | 1839.02 | 52wk Low Date | 2018-10-30 |
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