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

Grade Last Price % Change Price Change
B 14.95 0.13% 0.02
FSD closed up 0.34 percent on Monday, March 1, 2021, on 55 percent of normal volume. It was able to find support at its 50 day moving average.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Flat Down
Historical FSD trend table...

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.13%
50 DMA Support Bullish 0.13%
Crossed Above 50 DMA Bullish 0.47%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.47%
Three Weeks Tight Range Contraction 0.47%
Inside Day Range Contraction 0.47%
Lower Bollinger Band Touch Weakness 0.47%
Fell Below 20 DMA Bearish 1.36%
Fell Below 50 DMA Bearish 1.36%
New Downtrend Bearish 1.36%
Older End-of-Day Signals for FSD ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

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 Institutional Investors Mutual Fund Fixed Income Inverse ETF Bear Market ETF Bond Fund Yield Bank Of America Commercial Paper Debenture

Is FSD a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 15.4
52 Week Low 9.55
Average Volume 81,619
200-Day Moving Average 14.11
50-Day Moving Average 14.84
20-Day Moving Average 15.00
10-Day Moving Average 15.00
Average True Range 0.15
ADX 27.53
+DI 18.93
-DI 19.19
Chandelier Exit (Long, 3 ATRs ) 14.75
Chandelier Exit (Short, 3 ATRs ) 15.19
Upper Bollinger Band 15.24
Lower Bollinger Band 14.76
Percent B (%b) 0.36
BandWidth 3.19
MACD Line 0.02
MACD Signal Line 0.06
MACD Histogram -0.0361
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.37
Resistance 3 (R3) 15.37 15.23 15.30
Resistance 2 (R2) 15.23 15.11 15.23 15.27
Resistance 1 (R1) 15.08 15.04 15.15 15.08 15.25
Pivot Point 14.93 14.93 14.97 14.93 14.93
Support 1 (S1) 14.78 14.82 14.86 14.78 14.61
Support 2 (S2) 14.64 14.75 14.64 14.59
Support 3 (S3) 14.49 14.64 14.56
Support 4 (S4) 14.49