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Stock Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR)

Long-Term Uptrend (+90) - FAAR is in a strong uptrend that is likely to continue. While FAAR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid FAAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for FAAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FAAR
Open High Low FAAR Price Change
28.73 28.89 28.70 28.76 +0.05
Entry Signal

MarketClub’s Trade Triangles for FAAR

long term up The long-term trend has been UP since Feb 8th, 2024 at 28.3600

intermediate term up The intermediate-term trend has been UP since Mar 7th, 2024 at 28.6300

short term up The short-term trend has been UP since Mar 7th, 2024 at 28.4509

Smart Scan Analysis for FAAR

Based on our trend formula, FAAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for FAAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.73 28.89 28.70 28.76 +0.05
Prev. Close Volume Bid Ask Time
28.71 54797 2024-03-18 15:59:55
Year High31.4999Year High Date2018-10-02
Year Low26.6212Year Low Date2018-11-29
52wk High30.552wk High Date2023-03-23
52wk Low25.850152wk Low Date2023-06-09
Average Volume22,910Shares Outstanding100
Market Cap46MVolatility7.89
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