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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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

Weak Downtrend (-65) - FAAR is showing signs of a strengthening downtrend. Monitor FAAR as it may be building momentum to the downside.

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
28.030 27.955 27.760 27.840 -0.170
Entry Signal

MarketClub’s Trade Triangles for FAAR

long term up The long-term trend has been UP since Dec 13th, 2024 at 28.410

intermediate term down The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 27.751

short term down The short-term trend has been DOWN since Dec 17th, 2024 at 28.130

Smart Scan Analysis for FAAR

Based on our trend formula, FAAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for FAAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.030 27.955 27.760 27.840 -0.170
Prev. Close Volume Bid Ask Time
28.010 16731 2024-12-26 14:37:39
Year High31.4999Year High Date2018-10-02
Year Low26.6212Year Low Date2018-11-29
52wk High29.4452wk High Date2024-04-12
52wk Low27.152wk Low Date2023-12-26
Average Volume14,359Shares Outstanding100
Market Cap46MVolatility7.89
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