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Stock Trend Analysis Report

Prepared for you on Sunday, November 28, 2021.

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
30.5700 30.5700 29.8511 29.9680 -1.3120
Entry Signal

MarketClub’s Trade Triangles for FAAR

long term up The long-term trend has been UP since Oct 4th, 2021 at 30.9700

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2021 at 30.8601

short term down The short-term trend has been DOWN since Nov 26th, 2021 at 30.7300

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
30.5700 30.5700 29.8511 29.9680 -1.3120
Prev. Close Volume Bid Ask Time
30.0392 10412 2021-11-26 12:43:46
Year High31.4999Year High Date2018-10-02
Year Low26.6212Year Low Date2018-11-29
52wk High32.852wk High Date2021-07-13
52wk Low26.5952wk Low Date2020-12-24
Average Volume12,144Shares Outstanding100
Market Cap46MVolatility7.89
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