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Index Trend Analysis Report

Prepared for you on Saturday, June 25, 2022.

First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Countertrend Down (-85) - FTSM is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

NASDAQ_FTSM
Open High Low FTSM Price Change
59.392 59.401 59.390 59.399 +0.003
Entry Signal

MarketClub’s Trade Triangles for FTSM

long term down The long-term trend has been DOWN since Aug 5th, 2021 at 59.939

intermediate term down The intermediate-term trend has been DOWN since Jun 9th, 2022 at 59.490

short term up The short-term trend has been UP since Jun 17th, 2022 at 59.377

Smart Scan Analysis for FTSM

Based on our trend formula, FTSM is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for FTSM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.392 59.401 59.390 59.399 +0.003
Prev. Close Volume Bid Ask Time
59.390 0 2022-06-24 17:14:32
Year High60.1Year High Date2018-08-17
Year Low59.91Year Low Date2018-11-21
52wk High6052wk High Date2021-07-08
52wk Low59.3552wk Low Date2022-06-16
Average Volume1,294,491Shares Outstanding5,950
Market Cap4,804MVolatility0.82
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