Stock Trend Analysis Report
Prepared for you on Tuesday, August 20, 2019.
First Trust PR Securities &, Income ETF (PACF:FPE)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for FPE
The long term trend has been UP since Feb 20th, 2019 at 18.8866
The intermediate term trend has been DOWN since Aug 5th, 2019 at 19.5000
The short term trend has been DOWN since Aug 14th, 2019 at 19.5300
Smart Scan Analysis for FPE
Based on a pre-defined weighted trend formula for chart analysis, FPE scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||20.11||Year High Date||2018-01-17|
|Year Low||18.33||Year Low Date||2018-11-29|
|52wk High||19.32||52wk High Date||2018-06-15|
|52wk Low||17.76||52wk Low Date||2018-12-27|