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Stock Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
First Trust Managed Futures Strategy Fund (PACF:FMF)
Crossroads (-60) - FMF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FMF?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMF.
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 FMF
The long-term trend has been UP since Feb 7th, 2024 at 48.5200
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 49.7797
The short-term trend has been DOWN since Apr 12th, 2024 at 50.0050
Smart Scan Analysis for FMF
Based on our trend formula, FMF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 49.2800 | 49.6000 | 49.2700 | 49.4900 | +0.1078 |
| Prev. Close | Volume | Bid | Ask | Time |
| 49.3822 | 13491 | 2024-04-23 15:20:30 |
| Year High | 51.53 | Year High Date | 2018-01-25 |
| Year Low | 37.8 | Year Low Date | 2018-04-03 |
| 52wk High | 50.82 | 52wk High Date | 2024-03-28 |
| 52wk Low | 45.36 | 52wk Low Date | 2023-12-08 |
| Average Volume | 18,300 | Volatility | 20.42 |