Index Trend Analysis Report
Prepared for you on Wednesday, July 15, 2020.
First Trust Preferred Securities and Income ETF (GIF:FPE)
Weak Downtrend (-65) - FPE is showing signs of a strengthening downtrend. Monitor FPE as it may be building momentum to the downside.
Is it time to buy, sell, or avoid FPE?
MarketClub looks at technical strength and momentum to determine if the timing is right for FPE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FPE
The long-term trend has been DOWN since Mar 2nd, 2020 at 19.827
The intermediate-term trend has been DOWN since Jun 29th, 2020 at 18.448
The short-term trend has been DOWN since Jul 13th, 2020 at 18.553
Smart Scan Analysis for FPE
Based on our trend formula, FPE is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).