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First Trust New Opportunities MLP & Energy Fund Has Returned 0.7% Since SmarTrend Recommendation (FPL)

By James Quinn

SmarTrend identified a Downtrend for First Trust New Opportunities MLP & Energy Fund (NYSE:FPL) on October 10th, 2019 at $8.82. In approximately 4 weeks, First Trust New Opportunities MLP & Energy Fund has returned 0.74% as of today's recent price of $8.75.

In the past 52 weeks, shares of First Trust New Opportunities MLP & Energy Fund have traded between a low of $6.93 and a high of $10.00 and are now at $8.75, which is 26% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of First Trust New Opportunities MLP & Energy Fund.

Log in and add First Trust New Opportunities MLP & Energy Fund (FPL) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights first trust new opportunities mlp & energy fund

Ticker(s): FPL