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Stock Trend Analysis Report

Prepared for you on Tuesday, October 15, 2024.

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

Sidelines Mode (-55) - FAAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
27.93 28.00 27.88 28.00 +0.03
Entry Signal

MarketClub’s Trade Triangles for FAAR

long term down The long-term trend has been DOWN since Jun 4th, 2024 at 28.0001

intermediate term down The intermediate-term trend has been DOWN since Jul 29th, 2024 at 28.4401

short term up The short-term trend has been UP since Oct 10th, 2024 at 27.7700

Smart Scan Analysis for FAAR

Based on our trend formula, FAAR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for FAAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.93 28.00 27.88 28.00 +0.03
Prev. Close Volume Bid Ask Time
27.99 5792 2024-10-14 15:12:06
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 Volume49,675Shares Outstanding100
Market Cap46MVolatility7.89
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