Stock Trend Analysis Report
Prepared for you on Tuesday, April 20, 2021.
First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)
Long-Term Downtrend (-90) - FTSM is in a strong downtrend that is likely to continue. While FTSM is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FTSM?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTSM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FTSM
The long-term trend has been DOWN since Dec 28th, 2020 at 60.029
The intermediate-term trend has been DOWN since Mar 1st, 2021 at 60.029
The short-term trend has been DOWN since Apr 19th, 2021 at 59.980
Smart Scan Analysis for FTSM
Based on our trend formula, FTSM is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||60.1||Year High Date||2018-08-17|
|Year Low||59.91||Year Low Date||2018-11-21|
|52wk High||60.2||52wk High Date||2020-08-31|
|52wk Low||59.38||52wk Low Date||2020-04-23|
|Average Volume||545,811||Shares Outstanding||5,950|