MENU

FFA Stock Tickeron detected bullish ETF Pattern: Three Rising Valleys FFA on June 05, 2025, netting in a 6.55% gain over 3 weeks

A.I.dvisor
at Tickeron.com
Loading...
+6.55% Gain from a Successful pattern Three Rising Valleys
FFA - First Trust Enhanced Equity Income Fund
Tickeron
Ticker: FFA
Company: First Trust Enhanced Equity Income Fund
Gain: +6.55%
Confirmed: 06/05/25
Succeeded: 07/02/25
Total length: 27 days
On June 05, 2025, A.I.dvisor detected a Three Rising Valleys Pattern (Bullish) for First Trust Enhanced Equity Income Fund (FFA, $19.35). On June 05, 2025, A.I.dvisor confirmed the Bullish pattern, setting a target price of $20.70. 27 days later, on July 02, 2025, FFA reached the target price resulting in a for traders who took a long position in the stock.

FFA's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for FFA turned positive on June 24, 2025. Looking at past instances where FFA's MACD turned positive, the stock continued to rise in of 53 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on May 29, 2025. You may want to consider a long position or call options on FFA as a result. In of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FFA advanced for three days, in of 342 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 325 cases where FFA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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

FFA broke above its upper Bollinger Band on June 26, 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.

View a ticker or compare two or three
FFA
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Interact to see
Advertisement
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Category Unknown

Profile
Fundamentals
Details
Category
Derivative Income
Address
First Trust/Fiduciary Asset Management Covered Call Fund1001 Warrenville Rd Suite 300Lisle
Phone
N/A
Web
www.ftportfolios.com