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Index Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

First Trust Composite Closed-End Fund Index (CME:UPCEF)

Weak Downtrend (-65) - UPCEF is showing signs of a strengthening downtrend. Monitor UPCEF as it may be building momentum to the downside.

Is it time to buy, sell, or avoid UPCEF?

MarketClub looks at technical strength and momentum to determine if the timing is right for UPCEF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_UPCEF
Open High Low UPCEF Price Change
651.39 652.59 648.95 649.24 -0.17
Entry Signal

MarketClub’s Trade Triangles for UPCEF

long term up The long-term trend has been UP since Dec 14th, 2023 at 587.61

intermediate term down The intermediate-term trend has been DOWN since Oct 23rd, 2024 at 655.04

short term down The short-term trend has been DOWN since Oct 15th, 2024 at 657.60

Smart Scan Analysis for UPCEF

Based on our trend formula, UPCEF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for UPCEF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
651.39 652.59 648.95 649.24 -0.17
Prev. Close Volume Bid Ask Time
649.24 0 2024-10-25 16:20:02
52wk High791.752wk High Date2018-01-24
52wk Low682.9952wk Low Date2018-11-23
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