UCON Crosses Critical Technical Indicator
RSI Analysis: The RSI for First Trust TCW Unconstrained Plus Bond (UCON) is at 28.6, indicating potential exhaustion of recent selling, while the S&P 500's RSI is significantly higher at 68.1.
Stock Performance: UCON's shares have a 52-week range between $23.45 and $25.3391, currently trading at $24.80, down about 0.5% on the day.
Trade with 70% Backtested Accuracy
Analyst Views on UCON

No data
About the author


New Sub-Advisory Agreement: First Trust Advisors L.P. announced that shareholders approved a new investment sub-advisory agreement with Smith Capital Investors, LLC for the First Trust Smith Opportunistic Fixed Income ETF and First Trust Smith Unconstrained Bond ETF, following the termination of TCW Investment Management Company as the previous sub-advisor.
Manager of Managers Structure: The Board of Trustees also approved a "manager of managers" structure allowing FTA to enter into and amend investment sub-advisory agreements without needing shareholder approval, enhancing flexibility in managing the Funds' investment portfolios.
UCON Stock Performance: UCON's stock has a 52-week low of $24.09 and a high of $25.3391, with the last trade recorded at $24.69.
Market Analysis Note: The article mentions other ETFs that have recently fallen below their 200-day moving average, indicating broader market trends.
RSI Analysis: The RSI for First Trust TCW Unconstrained Plus Bond (UCON) is at 28.6, indicating potential exhaustion of recent selling, while the S&P 500's RSI is significantly higher at 68.1.
Stock Performance: UCON's shares have a 52-week range between $23.45 and $25.3391, currently trading at $24.80, down about 0.5% on the day.




