Index Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)
Sidelines Mode (+55) - ROBT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ROBT?
MarketClub looks at technical strength and momentum to determine if the timing is right for ROBT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ROBT
The long-term trend has been UP since Aug 10th, 2022 at 42.647
The intermediate-term trend has been UP since Jul 20th, 2022 at 39.604
The short-term trend has been DOWN since Aug 17th, 2022 at 42.465
Smart Scan Analysis for ROBT
Based on our trend formula, ROBT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||32.8629||Year High Date||2018-09-14|
|Year Low||26.72||Year Low Date||2018-10-29|
|52wk High||58||52wk High Date||2021-11-05|
|52wk Low||35.9201||52wk Low Date||2022-07-14|
|Average Volume||32,562||Shares Outstanding||5,150|