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

Grade Last Price % Change Price Change
grade B 25.8 0.58% 0.15
FAAR closed up 0.58 percent on Friday, May 29, 2020, on 24 percent of normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Up Flat
Historical FAAR trend table...

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
20 DMA Support Bullish 0.00%
Cup with Handle Other 0.00%
200 DMA Resistance Bearish 0.58%
20 DMA Support Bullish 0.58%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.58%
Cup with Handle Other 0.58%
Outside Day Range Expansion 0.58%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.68%
Cup with Handle Other 0.68%

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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.
Exchange Traded Fund ETF Exchange Traded Funds Source Uk Services Commodity Markets Exchange

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 27.04
52 Week Low 19.04
Average Volume 21,843
200-Day Moving Average 25.84
50-Day Moving Average 25.32
20-Day Moving Average 25.54
10-Day Moving Average 25.71
Average True Range 0.49
ADX 18.82
+DI 11.16
-DI 7.08
Chandelier Exit (Long, 3 ATRs ) 24.57
Chandelier Exit (Short, 3 ATRs ) 26.41
Upper Bollinger Band 25.94
Lower Bollinger Band 25.14
Percent B (%b) 0.82
BandWidth 3.16
MACD Line 0.12
MACD Signal Line 0.11
MACD Histogram 0.008
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 26.40
Resistance 3 (R3) 26.38 26.16 26.30
Resistance 2 (R2) 26.16 26.01 26.17 26.27
Resistance 1 (R1) 25.98 25.91 25.87 26.00 26.24
Pivot Point 25.76 25.76 25.70 25.77 25.76
Support 1 (S1) 25.58 25.61 25.47 25.60 25.36
Support 2 (S2) 25.36 25.51 25.37 25.33
Support 3 (S3) 25.18 25.36 25.30
Support 4 (S4) 25.20