Stock Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
First Trust Muni CEF, Income Opportunity ETF (NASDAQ:MCEF)
Strong Uptrend (+100) - MCEF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MCEF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid MCEF?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCEF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCEF
The long-term trend has been UP since Jul 2nd, 2020 at 18.644
The intermediate-term trend has been UP since Mar 29th, 2021 at 20.220
The short-term trend has been UP since Apr 8th, 2021 at 20.590
Smart Scan Analysis for MCEF
Based on our trend formula, MCEF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||19.04||Year High Date||2018-01-09|
|Year Low||16.96||Year Low Date||2018-10-31|
|52wk High||20.96||52wk High Date||2021-02-16|
|52wk Low||17.075||52wk Low Date||2020-04-27|
|Average Volume||3,740||Shares Outstanding||100|