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Index Trend Analysis Report
Prepared for you on Tuesday, December 10, 2024.
First Trust Taxable Fixed Income Closed-End Fund Index (CME:TXCEF)
Long-Term Uptrend (+90) - TXCEF is in a strong uptrend that is likely to continue. While TXCEF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid TXCEF?
MarketClub looks at technical strength and momentum to determine if the timing is right for TXCEF.
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 TXCEF
The long-term trend has been UP since Jun 12th, 2024 at 584.60
The intermediate-term trend has been UP since Dec 9th, 2024 at 600.60
The short-term trend has been UP since Nov 21st, 2024 at 590.04
Smart Scan Analysis for TXCEF
Based on our trend formula, TXCEF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 600.33 | 600.33 | 598.93 | 599.09 | -0.80 |
| Prev. Close | Volume | Bid | Ask | Time |
| 599.89 | 0 | 2024-12-10 16:19:47 |
| 52wk High | 798.6 | 52wk High Date | 2018-01-09 |
| 52wk Low | 706.96 | 52wk Low Date | 2018-11-23 |