Index Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID)
Bear Market Rally (-75) - GRID is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GRID as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GRID?
MarketClub looks at technical strength and momentum to determine if the timing is right for GRID.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GRID
The long-term trend has been DOWN since Jan 24th, 2022 at 91.038
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 81.725
The short-term trend has been UP since Jun 24th, 2022 at 79.509
Smart Scan Analysis for GRID
Based on our trend formula, GRID is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||53.73||Year High Date||2018-01-24|
|Year Low||41.01||Year Low Date||2018-11-20|
|52wk High||107.16||52wk High Date||2021-11-22|
|52wk Low||76.59||52wk Low Date||2022-06-16|
|Year End Close||29.23||Average Volume||40,778|
|Shares Outstanding||100||Market Cap||27M|