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FAB Stock Tickeron detected bearish ETF Pattern: Wedge Falling FAB on March 03, 2025, netting in a 12.21% gain over 1 month

A.I.dvisor
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+12.21% Gain from a Successful pattern Wedge Falling
FAB - First Trust Multi Cap Val AlphaDEX® ETF
Tickeron
Ticker: FAB
Company: First Trust Multi Cap Val AlphaDEX® ETF
Gain from shorting: +12.21%
Confirmed: 03/03/25
Succeeded: 04/07/25
Total length: 35 days
On March 03, 2025, A.I.dvisor detected a Wedge Falling Pattern (Bearish) for First Trust Multi Cap Val AlphaDEX® ETF (FAB, $80.50). On March 03, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 07, 2025, the stock hit the target price of $71.06 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.
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General Information

Category MidCapValue

Profile
Fundamentals
Details
Category
Mid-Cap Value
Address
First Trust Exchange-Traded Alphadex Fd120 East Liberty Drive, Suite 400Wheaton
Phone
N/A
Web
www.ftportfolios.com