FBT Stock First Trust NYSE Arca Biotech ETF (FBT, $150.27) entered Downtrend as Momentum indicator drops below 0 level on Jun 17, 2024

A.I.dvisor
at Tickeron.com
06/18/24
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FBT - First Trust NYSE Arca Biotech ETF
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $150.27
Daily change: -$0.98 (-0.65%)
Daily volume: 89.8K
Net Assets: $1.1B
This indicator may be signaling that FBT's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 91 similar cases where FBT's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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General Information

Category Health

Profile
Fundamentals
Details
Category
Health
Address
First Trust Exchange-Traded Fund1001 Warrenville Road, Suite 300Lisle
Phone
630-241-4141
Web
www.ftportfolios.com