FSD NEWS why is First Trust High Income Long Short Fund price falling or rising

FSD NEWS reasons for why stock price of First Trust High Income Long Short Fund is falling or rising

FSD First Trust is falling or rising technical reasons

Technical analysis forecast of First Trust Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in First Trust FSD at this time. Stock is rising and might rise more.

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

Stock of First Trust (FSD) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of First Trust is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if First Trust stays above 12.2, but if it comes below 12.2, then a intra day sell could be more profitable.
If you take a sell trade below 12.2, then use 12.2 as stoploss and 12.09 as target. However if you take a buy trade in First Trust, then use 12.2 as stoploss and 12.2 as target.

FSD First Trust is falling or rising NEWS fundamental reasons

More announcements and NEWS

FSD First Trust High Income Long Short Fund current price & indicator signals

Moving Averages for First Trust High Income Long Short Fund

  • 5Day Average: 12.17
  • 12Day Average: 12.16
  • 20Day Average: 12.12
  • 50Day Average: 11.9
  • 100Day Average: 11.81
  • 150Day Average: 11.75
  • 200Day Average: 11.49

FSD Indicators & signals

Indicator MACD (12,26,9)

12.15, 12.07, 0.07
Indicator MACD is in positive zone

Indicator ADX (14)

0, 58.33, 58.33
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of FSD First Trust High Income Long Short Fund are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
27 Thu Jun 2024 12.21 12.17 to 12.27 0.16% 1.16 times
26 Wed Jun 2024 12.19 12.11 to 12.25 -0.33% 1.28 times
25 Tue Jun 2024 12.23 12.12 to 12.23 1.07% 0.68 times
24 Mon Jun 2024 12.10 12.08 to 12.15 0% 0.45 times
21 Fri Jun 2024 12.10 12.07 to 12.16 -0.49% 1.02 times
20 Thu Jun 2024 12.16 12.11 to 12.19 0.58% 1.46 times
18 Tue Jun 2024 12.09 12.09 to 12.17 0% 0.92 times
18 Tue Jun 2024 12.09 12.09 to 12.17 -0.41% 0.92 times
17 Mon Jun 2024 12.14 12.11 to 12.21 -0.08% 1.42 times
14 Fri Jun 2024 12.15 12.12 to 12.24 -0.41% 0.94 times
13 Thu Jun 2024 12.20 12.19 to 12.27 -0.08% 0.89 times
12 Wed Jun 2024 12.21 12.16 to 12.23 0.33% 1.45 times

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FSD NEWS why is First Trust High Income Long Short Fund price falling or rising

 

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