Technical Analysis for FSD - First Trust High Income Long Short Fund
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Up | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| MACD Bearish Signal Line Cross | Bearish | 0.00% | |
| 180 Bullish Setup | Bullish Swing Setup | 0.00% | |
| Overbought Stochastic | Strength | 0.00% | |
| Upper Bollinger Band Walk | Strength | 0.16% | |
| Overbought Stochastic | Strength | 0.16% | |
| New 52 Week Closing High | Bullish | -0.25% | |
| NR7 | Range Contraction | -0.25% | |
| NR7-2 | Range Contraction | -0.25% | |
| Narrow Range Bar | Range Contraction | -0.25% | |
| Overbought Stochastic | Strength | -0.25% |
| Alert | Time |
|---|---|
| Fell Below Previous Day's Low | 1 day ago |
| 60 Minute Opening Range Breakdown | 3 days ago |
| Fell Below Previous Day's Low | 3 days ago |
| Upper Bollinger Band Resistance | 3 days ago |
| Rose Above Upper Bollinger Band | 4 days ago |
Free Daily (Stock) Chart Reading
First Trust High Income Long Short Fund Description
First Trust High Income Long/Short Fund is a closed-ended fixed-income mutual fund launched and managed by First Trust Advisors, L.P. It is co-managed by MacKay Shields LLC. The fund invests in fixed-income markets across the globe. It primarily invests in high-yield corporate fixed-income securities of varying maturities that are rated below-investment grade, including corporate bonds, debentures, notes, and commercial papers. The fund employs fundamental analysis and a long/short strategy, with a focus on such factors as type, size, and cost of a security, financial statements of the issuer, credit quality and cash flow of the issuer, and evaluation of the forces which influence the market to create its portfolio. It benchmarks the performance of its portfolio against the Bank of America Merill Lynch U.S. High Yield Master II Constrained Index. First Trust High Income Long/Short Fund was formed on June 18, 2010 and is domiciled in the United States.
Classification
Keywords: Exchange Traded Fund ETF Bond Mutual Fund Fixed Income Inverse ETF Bear Market ETF Bond Fund Yield Bank Of America Commercial Paper Debenture
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 12.2747 |
| 52 Week Low | 9.4054 |
| Average Volume | 103,231 |
| 200-Day Moving Average | 11.00 |
| 50-Day Moving Average | 11.80 |
| 20-Day Moving Average | 12.09 |
| 10-Day Moving Average | 12.14 |
| Average True Range | 0.10 |
| RSI (14) | 65.99 |
| ADX | 29.85 |
| +DI | 24.24 |
| -DI | 13.09 |
| Chandelier Exit (Long, 3 ATRs) | 11.99 |
| Chandelier Exit (Short, 3 ATRs) | 12.07 |
| Upper Bollinger Bands | 12.26 |
| Lower Bollinger Band | 11.92 |
| Percent B (%b) | 0.85 |
| BandWidth | 2.78 |
| MACD Line | 0.12 |
| MACD Signal Line | 0.12 |
| MACD Histogram | -0.0012 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 12.33 | ||||
| Resistance 3 (R3) | 12.32 | 12.28 | 12.31 | ||
| Resistance 2 (R2) | 12.28 | 12.25 | 12.28 | 12.30 | |
| Resistance 1 (R1) | 12.24 | 12.23 | 12.26 | 12.25 | 12.30 |
| Pivot Point | 12.20 | 12.20 | 12.21 | 12.20 | 12.20 |
| Support 1 (S1) | 12.16 | 12.17 | 12.18 | 12.17 | 12.12 |
| Support 2 (S2) | 12.12 | 12.15 | 12.12 | 12.12 | |
| Support 3 (S3) | 12.08 | 12.12 | 12.11 | ||
| Support 4 (S4) | 12.09 |
