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FAAR Stock First Trust Alt Abs Ret Strat ETF (FAAR, $28.97) price may drop as it broke higher Bollinger Band on Feb 10, 2025

A.I.dvisor
at Tickeron.com
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FAAR - First Trust Alt Abs Ret Strat ETF
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Tickeron
Bollinger signal
Price: $28.97
Daily change: +$0.52 (+1.83%)
Daily volume: 31.2K
Net Assets: $98M
This price move could be a signal that FAAR may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 51 similar cases where FAAR's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:

FAAR in downward trend: price dove below 50-day moving average on February 21, 2025

FAAR moved below its 50-day moving average on February 21, 2025 date and that indicates a change from an upward trend to a downward trend. In of 46 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on February 21, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on FAAR as a result. In of 101 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for FAAR turned negative on February 21, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FAAR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

FAAR broke above its upper Bollinger Band on February 10, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

The 50-day moving average for FAAR moved above the 200-day moving average on January 15, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FAAR advanced for three days, in of 308 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 276 cases where FAAR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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FAAR
Daily Signalchanged days ago
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A.I. Advisor
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General Information

Category CommoditiesBroadBasket

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Fundamentals
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Category
Commodities Broad Basket
Address
FIRST TRUST EXCHANGE-TRADED FUND VII120 E. Liberty Drive Suite 400 Wheaton, Il 60187Wheaton
Phone
630.765.8000
Web
www.ftportfolios.com