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CARZ Stock Tickeron detected bearish ETF Pattern: Wedge Falling CARZ on March 28, 2025, netting in a 7.20% gain over 3 weeks

A.I.dvisor
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+7.20% Gain from a Successful pattern Wedge Falling
CARZ - First Trust S-Network Fut Vhcl&Tech ETF
Tickeron
Ticker: CARZ
Company: First Trust S-Network Fut Vhcl&Tech ETF
Gain from shorting: +7.2%
Confirmed: 03/28/25
Succeeded: 04/03/25
Total length: 21 days
On March 13, 2025, A.I.dvisor detected a Wedge Falling Pattern (Bearish) for First Trust S-Network Fut Vhcl&Tech ETF (CARZ, $54.82). 15 days later, on March 28, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 03, 2025, the stock hit the target price of $47.87 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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General Information

Category ConsumerDiscretionary

Profile
Fundamentals
Details
Category
Consumer Cyclical
Address
First Trust Exchange-Traded Fund II12o East Liberty Drive, Suite 400Wheaton
Phone
630-241-4141
Web
www.ftportfolios.com