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Market Impact: 0.05

FPEI Crosses Above Key Moving Average Level

Market Technicals & FlowsInvestor Sentiment & PositioningCredit & Bond Markets

FPEI (First Trust Institutional Preferred Securities and Income ETF) crossed above its 200-day moving average of $19.27, trading as high as $19.29 on Tuesday. The move is a small technical breakout (about $0.02 or ~0.1% above the 200-DMA) and is a neutral signal with limited likely market impact.

Analysis

FPEI (First Trust Institutional Preferred Securities and Income ETF) crossed above its 200-day moving average of $19.27, trading as high as $19.29 on Tuesday. The move is a small technical breakout (about $0.02 or ~0.1% above the 200-DMA) and is a neutral signal with limited likely market impact.

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Market Sentiment

Overall Sentiment

neutral

Sentiment Score

0.00