Technical Analysis for FSD - First Trust High Income Long Short Fund

Grade Last Price % Change Price Change
grade B 14.49 -0.21% -0.03
FSD closed down 0.21 percent on Monday, March 25, 2019, on approximately normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Flat
See historical FSD trend table...

Date Alert Name Type % Chg
Mar 25 Fell Below 20 DMA Bearish 0.00%
Mar 25 Hammer Candlestick Bullish 0.00%
Mar 25 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Mar 25 Cup with Handle Other 0.00%
Mar 25 Down 3 Days in a Row Weakness 0.00%
Mar 22 20 DMA Support Bullish -0.21%
Mar 22 Cup with Handle Other -0.21%
Mar 22 Stochastic Reached Overbought Strength -0.21%
Mar 22 Overbought Stochastic Strength -0.21%
Mar 21 Cup with Handle Other -0.34%

Older signals for FSD ...

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Basic chart:

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.
Institutional Investors Bond Security Mutual Fund Fixed Income Bond Fund Yield
Is FSD a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicator Value
52 Week High 15.25
52 Week Low 12.67
Average Volume 98,722
200-Day Moving Average 14.3396
50-Day Moving Average 14.3356
20-Day Moving Average 14.5005
10-Day Moving Average 14.492
Average True Range 0.083
ADX 19.07
+DI 21.9506
-DI 22.9491
Chandelier Exit (Long, 3 ATRs ) 14.411
Chandelier Exit (Short, 3 ATRs ) 14.579
Upper Bollinger Band 14.624
Lower Bollinger Band 14.377
Percent B (%b) 0.46
BandWidth 1.70339
MACD Line 0.0465
MACD Signal Line 0.0587
MACD Histogram -0.0122
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.67
Resistance 3 (R3) 14.66 14.60 14.64
Resistance 2 (R2) 14.60 14.55 14.60 14.63
Resistance 1 (R1) 14.54 14.52 14.51 14.55 14.62
Pivot Point 14.48 14.48 14.46 14.48 14.48
Support 1 (S1) 14.42 14.43 14.39 14.43 14.36
Support 2 (S2) 14.36 14.40 14.36 14.35
Support 3 (S3) 14.30 14.36 14.34
Support 4 (S4) 14.31