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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

First Trust High Income Long Short Fund Common Shares of Beneficial Interest (NYSE:FSD)

Long-Term Uptrend (+90) - FSD is in a strong uptrend that is likely to continue. While FSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid FSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for FSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_FSD
Open High Low FSD Price Change
12.020 12.060 11.965 11.965 -0.086
Entry Signal

MarketClub’s Trade Triangles for FSD

long term up The long-term trend has been UP since Dec 13th, 2023 at 11.3800

intermediate term up The intermediate-term trend has been UP since Mar 19th, 2024 at 11.8499

short term up The short-term trend has been UP since Mar 27th, 2024 at 12.0500

Smart Scan Analysis for FSD

Based on our trend formula, FSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for FSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.020 12.060 11.965 11.965 -0.086
Prev. Close Volume Bid Ask Time
12.051 83063 2024-03-28 13:04:30
Year High16.88Year High Date2018-01-31
Year Low13.69Year Low Date2018-11-23
52wk High12.0952wk High Date2023-12-29
52wk Low10.252wk Low Date2023-10-23
Year End Close18.12Average Volume84,278
Shares Outstanding36,056Short Interest63,826
% Institutional10.5Market Cap516M
Assets627,232,490MLiabilities205,259,051M
P/E Ratio13.8553Beta0.61
Volatility8.21
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