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Stock Trend Analysis Report
Prepared for you on Monday, June 24, 2024.
First Trust Specialty Finance and Financial Opportunities Fund (NYSE:FGB)
Bull Market Weakness (+75) - FGB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FGB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FGB?
MarketClub looks at technical strength and momentum to determine if the timing is right for FGB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FGB
The long-term trend has been UP since Dec 14th, 2023 at 3.48
The intermediate-term trend has been DOWN since May 29th, 2024 at 3.76
The short-term trend has been UP since Jun 18th, 2024 at 3.87
Smart Scan Analysis for FGB
Based on our trend formula, FGB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.79 | 3.90 | 3.79 | 3.90 | +0.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.89 | 48235 | 2024-06-21 15:59:16 |
| Year High | 6.65 | Year High Date | 2018-01-25 |
| Year Low | 5.65 | Year Low Date | 2018-02-06 |
| 52wk High | 3.9589 | 52wk High Date | 2024-05-15 |
| 52wk Low | 2.98 | 52wk Low Date | 2023-10-30 |
| Year End Close | 7.8 | Average Volume | 47,311 |
| Shares Outstanding | 14,278 | Market Cap | 85M |
| Assets | 66,352,607M | Liabilities | 8,741,278M |
| P/E Ratio | 12.8846 | Beta | 0.9 |
| Volatility | 24.43 |