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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.
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MarketClub’s Trade Triangles for MNCEFT
The long-term trend has been DOWN since Jan 14th, 2022 at 2546.28
The intermediate-term trend has been DOWN since Jan 5th, 2022 at 2611.01
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).
| 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 High | 2027.03 | 52wk High Date | 2017-12-08 |
| 52wk Low | 1839.02 | 52wk Low Date | 2018-10-30 |