Stock Trend Analysis Report

Prepared for you on Tuesday, May 21, 2024.

FIRST TRUST MORNINGSTAR DIVIDEND LEADERS ETF (TSE:FDL)

Countertrend Up (+85) - FDL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

Open	High	Low	FDL Price	Change
32.66	32.67	32.66	32.67	-0.01
Entry Signal

MarketClub’s Trade Triangles for FDL

The long-term trend has been UP since Dec 15th, 2023 at 29.57

The intermediate-term trend has been UP since May 7th, 2024 at 31.70

The short-term trend has been UP since May 7th, 2024 at 31.70

Smart Scan Analysis for FDL

Based on our trend formula, FDL is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
32.66	32.67	32.66	32.67	-0.01
Prev. Close	Volume	Bid	Ask	Time
32.67	1200			2024-05-17 13:44:20

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