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First Trust New Opportunities MLP & Energy Fund Has Returned 7.9% Since SmarTrend Recommendation (FPL)

By David Diaz

SmarTrend identified an Uptrend for First Trust New Opportunities MLP & Energy Fund (NYSE:FPL) on January 7th, 2019 at $8.18. In approximately 9 months, First Trust New Opportunities MLP & Energy Fund has returned 7.95% as of today's recent price of $8.83.

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 $8.83, which is 27% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has remained constant.

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

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