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Stock Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

First Trust Amex Biotech Index Fund (PACF:FBT)

Bear Market Rally (-75) - FBT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FBT as it may be in the beginning of a reversal.

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

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

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

PACF_FBT
Open High Low FBT Price Change
149.2500 149.2500 147.7300 147.8100 -2.8998
Entry Signal

MarketClub’s Trade Triangles for FBT

long term down The long-term trend has been DOWN since Apr 17th, 2024 at 144.27

intermediate term up The intermediate-term trend has been UP since May 10th, 2024 at 149.71

short term down The short-term trend has been DOWN since May 23rd, 2024 at 152.45

Smart Scan Analysis for FBT

Based on our trend formula, FBT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for FBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
149.2500 149.2500 147.7300 147.8100 -2.8998
Prev. Close Volume Bid Ask Time
150.7098 11550 2024-05-29 11:13:27
Year High159.85Year High Date2018-09-28
Year Low124.451Year Low Date2018-04-06
52wk High161.4152wk High Date2024-01-02
52wk Low130.270152wk Low Date2023-10-31
Year End Close45.95Average Volume20,061
Shares Outstanding9,450Assets2,470M
Beta1.08Volatility38.52
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