First Trust Alt Abs Ret Strat ETF (FAAR, $28.75) price may drop as it broke higher Bollinger Band on Mar 25, 2024

A.I.dvisor
at Tickeron.com
03/26/24
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FAAR - First Trust Alt Abs Ret Strat ETF
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $28.75
Daily change: +$0.28 (+0.97%)
Daily volume: 14.6K
Net Assets: $148.2M
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 49 similar cases where FAAR's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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FAARDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Category CommoditiesBroadBasket

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