Technical Analysis for FAAR - First Trust Alternative Absolute Return Strategy ETF

Grade Last Price % Change Price Change
F 27.73 -0.93% -0.26
FAAR closed down 0.93 percent on Friday, November 1, 2024, on 23 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Expansion Pivot Sell Setup Bearish Swing Setup 0.00%
Outside Day Range Expansion 0.00%
20 DMA Support Bullish -0.93%
Crossed Above 50 DMA Bullish -0.93%
180 Bullish Setup Bullish Swing Setup -0.93%
Outside Day Range Expansion -0.93%
50 DMA Resistance Bearish -0.50%

   Recent Intraday Alerts

Alert Time
Fell Below 20 DMA about 18 hours ago
20 DMA Support about 20 hours ago
60 Minute Opening Range Breakdown about 20 hours ago
Outside Day about 20 hours ago
Fell Below 50 DMA about 20 hours ago

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Profile

The First Trust Alternative Absolute Return Strategy ETF seeks to achieve long-term total return using a long/short commodities strategy. The fund intends to invest primarily in exchange-listed commodity futures contracts through a wholly-owned subsidiary.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Commodity Markets Absolute Return Exchange

Top 10 Components

Symbol Grade Price % Change Allocation
FCRX A 0.41 21.59

Is FAAR a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 29.2197
52 Week Low 26.7158
Average Volume 39,729
200-Day Moving Average 28.15
50-Day Moving Average 27.91
20-Day Moving Average 27.85
10-Day Moving Average 27.88
Average True Range 0.17
RSI (14) 43.82
ADX 13.77
+DI 14.96
-DI 21.07
Chandelier Exit (Long, 3 ATRs) 27.57
Chandelier Exit (Short, 3 ATRs) 28.09
Upper Bollinger Bands 28.07
Lower Bollinger Band 27.63
Percent B (%b) 0.22
BandWidth 1.56
MACD Line -0.02
MACD Signal Line -0.02
MACD Histogram 0.0005
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 28.13
Resistance 3 (R3) 28.17 28.08 28.06
Resistance 2 (R2) 28.08 27.98 28.06 28.04
Resistance 1 (R1) 27.91 27.92 27.86 27.86 28.02
Pivot Point 27.82 27.82 27.80 27.80 27.82
Support 1 (S1) 27.64 27.72 27.60 27.60 27.44
Support 2 (S2) 27.55 27.65 27.53 27.42
Support 3 (S3) 27.38 27.55 27.40
Support 4 (S4) 27.33