Technical Analysis for MCEF - First Trust Municipal CEF Income Opportunity ETF

Grade Last Price % Change Price Change
grade A 19.46 0.00% 0.00
MCEF closed unchanged on Monday, December 9, 2019, on 7 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Flat
See historical MCEF trend table...

Date Alert Name Type % Chg
Upper Bollinger Band Walk Strength 0.00%
BB Squeeze Ended Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Three Weeks Tight Range Contraction 0.00%
BB Squeeze + Upper Band Touch Range Contraction 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Older signals for MCEF ...

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Profile

The First Trust Municipal CEF Income Opportunity ETF is an actively managed exchange-traded fund. The Fund's investment objective is to provide current income. Under normal market conditions, the Fund will seek to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in a portfolio of closed-end investment companies that are listed and traded in the United States on registered exchanges which invest primarily in municipal debt securities some or all of which pay interest that is exempt from regular federal income taxes.
Exchange Traded Funds Institutional Investors Mutual Fund Net Asset Value Closed End Fund

Is MCEF 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 19.73
52 Week Low 16.96
Average Volume 4,357
200-Day Moving Average 18.81
50-Day Moving Average 19.37
20-Day Moving Average 19.34
10-Day Moving Average 19.39
Average True Range 0.06
ADX 18.95
+DI 40.65
-DI 21.64
Chandelier Exit (Long, 3 ATRs ) 19.31
Chandelier Exit (Short, 3 ATRs ) 19.44
Upper Bollinger Band 19.48
Lower Bollinger Band 19.20
Percent B (%b) 0.94
BandWidth 1.43
MACD Line 0.03
MACD Signal Line 0.01
MACD Histogram 0.0212
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 19.52
Resistance 3 (R3) 19.53 19.51 19.51
Resistance 2 (R2) 19.51 19.50 19.51 19.51
Resistance 1 (R1) 19.49 19.49 19.48 19.48 19.50
Pivot Point 19.47 19.47 19.47 19.47 19.47
Support 1 (S1) 19.45 19.46 19.44 19.44 19.42
Support 2 (S2) 19.43 19.45 19.43 19.41
Support 3 (S3) 19.41 19.43 19.41
Support 4 (S4) 19.40