Index Trend Analysis Report
Prepared for you on Monday, February 6, 2023.
First Trust Dow Jones International Internet ETF (NASDAQ:FDNI)
Long-Term Uptrend (+90) - FDNI is in a strong uptrend that is likely to continue. While FDNI 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 FDNI?
MarketClub looks at technical strength and momentum to determine if the timing is right for FDNI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FDNI
The long-term trend has been UP since Dec 9th, 2022 at 23.366
The intermediate-term trend has been UP since Nov 11th, 2022 at 19.545
The short-term trend has been UP since Feb 2nd, 2023 at 26.580
Smart Scan Analysis for FDNI
Based on our trend formula, FDNI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||20.1641||Year High Date||2018-11-07|
|Year Low||18.39||Year Low Date||2018-11-12|
|52wk High||33.9999||52wk High Date||2022-02-09|
|52wk Low||15.9501||52wk Low Date||2022-10-24|
|Average Volume||10,171||Shares Outstanding||100|