FCT NEWS why is First Trust Senior Floating Rate Income Fund Ii price falling or rising

FCT NEWS reasons for why stock price of First Trust Senior Floating Rate Income Fund Ii is falling or rising

FCT First Trust is falling or rising technical reasons

Technical analysis forecast for First Trust Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT First Trust FCT at this time. Stock is falling and might fall more.

It appears as if First Trust FCT gave a large move recently.

Stock of First Trust (FCT) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of First Trust is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if First Trust stays below 10.2, but if it comes above 10.2, then a intra day buy could be more profitable.
If you take a sell trade below 10.2, then use 10.2 as stoploss and 10.1 as target. However if you take a buy trade in First Trust, then use 10.2 as stoploss and 10.3 as target.

FCT First Trust is falling or rising NEWS fundamental reasons

More announcements and NEWS

FCT First Trust Senior Floating Rate Income Fund Ii current price & indicator signals

Moving Averages for First Trust Senior Floating Rate Income Fund Ii

5Day Average: 10.19
12Day Average: 10.27
20Day Average: 10.33
50Day Average: 10.34
100Day Average: 10.35
150Day Average: 10.34
200Day Average: 10.31

FCT Indicators & signals

Indicator MACD (12,26,9)

10.27, 10.32, -0.03
Indicator MACD is in negative zone

Indicator ADX (14)

0, 70, 70
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of FCT First Trust Senior Floating Rate Income Fund Ii are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
11 Tue Mar 2025	10.19	10.17 to 10.26	-0.1%	1.17 times
10 Mon Mar 2025	10.20	10.19 to 10.22	-0.2%	0.67 times
07 Fri Mar 2025	10.22	10.18 to 10.23	0.49%	0.83 times
06 Thu Mar 2025	10.17	10.13 to 10.24	-0.2%	1.01 times
05 Wed Mar 2025	10.19	10.17 to 10.28	-0.1%	1.14 times
04 Tue Mar 2025	10.20	10.17 to 10.28	-0.58%	1.12 times
03 Mon Mar 2025	10.26	10.25 to 10.33	-1.06%	1.12 times
28 Fri Feb 2025	10.37	10.35 to 10.40	0.1%	0.9 times
27 Thu Feb 2025	10.36	10.34 to 10.38	0.1%	1.13 times
26 Wed Feb 2025	10.35	10.35 to 10.39	-0.29%	1.04 times
25 Tue Feb 2025	10.38	10.37 to 10.40	0%	1.02 times
24 Mon Feb 2025	10.38	10.36 to 10.43	0%	1.68 times