The volume for FIRST TRUST INTERMEDIATE DURATION PREFERRED & Income FUND stock increased for four consecutive days, resulting in a record-breaking daily growth of 110% of the 65-Day Volume Moving Average

#Volume, #Bullish, #ETFs
FPF - FIRST TRUST INTERMEDIATE DURATION PREFERRED & Income FUND
Record Volume
Bullish Trend
90%
Odds of UP Trend
Price: $15.72
Daily change: +$0.04 (+0.26%)
Daily volume: 339.6K
Net Assets: $1.1B

This four-day volume growth resulted in a record-breaking increase of 110%, as compared to the 65-Day Volume Moving Average. FPF's total volume now sits at 339.6K. The -0.88% price change was insignificant, leaving FPF's price at $15.72. This volume move could indicate a change in trend, and may be a buy signal for investors. A.I.dvisor found 13 similar cases, 12 of which were successful. Based on this data, the odds of success are +90%.