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Index Trend Analysis Report

Prepared for you on Tuesday, January 26, 2021.

First Trust NYSE Arca Biotechnology Index Fund (GIF:FBT)

Long-Term Uptrend (+90) - FBT is in a strong uptrend that is likely to continue. While FBT 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 FBT?

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

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

GIF_FBT
Open High Low FBT Price Change
180.37 185.03 179.84 179.99 -4.17
Entry Signal

MarketClub’s Trade Triangles for FBT

long term up The long-term trend has been UP since Dec 14th, 2020 at 166.59

intermediate term up The intermediate-term trend has been UP since Nov 4th, 2020 at 165.36

short term up The short-term trend has been UP since Jan 6th, 2021 at 169.46

Smart Scan Analysis for FBT

Based on our trend formula, FBT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for FBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
180.37 185.03 179.84 179.99 -4.17
Prev. Close Volume Bid Ask Time
155.52 0 2021-01-26 19:02:46
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