Our first news is that we’ve found some terrific services that we believe will help immensely if you are trading First Trust Alternative Absolute Return Strategy ETF – take a quick look through the following:
Beat The Market Analyzer: https://logistics-business-review.com/recommended-tool-for-FAAR-investors (this is a fantastic tool – use this to analyze First Trust Alternative Absolute Return Strategy ETF in much more depth)
MM Publishing: https://logistics-business-review.com/mmpublishing-for-FAAR-investors
Trading Code: https://logistics-business-review.com/tradingcode-for-FAAR-investors
Trader HR: https://logistics-business-review.com/traderHR-for-FAAR-investors
REPORTING FOR 2019-07-15 | LOGISTICS-BUSINESS-REVIEW.COM: We have conducted a deep analysis of how First Trust Alternative Absolute Return Strategy ETF ($FAAR) has been trading over the last 2 weeks and the past day especially. On its latest session, First Trust Alternative Absolute Return Strategy ETF ($FAAR) opened at 26.77, reaching a high of 26.775 and a low of 26.7108 before closing at a price of 26.7268. There was a total volume of 3948.
VOLUME INDICATORS: We saw an accumulation-distribution index of 184.39264, an on-balance volume of -26.6801, chaikin money flow of 24.68 and a force index of 0.00186. There was an ease of movement rating of 9e-05, a volume-price trend of -0.04159 and a negative volume index of 1000.0.
VOLATILITY: We noted an average true range of 0.07951, bolinger bands of 26.73887, an upper bollinger band of 26.65203, lower bollinger band of 26.7108, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 26.75193, high band keltner channel of 26.74693, low band keltner channel of 26.75693, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 26.7108, a donchian channel low band of 26.7108, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND: We calculated a Moving Average Convergence Divergence (MACD) of -0.00069, a MACD signal of -0.00038, a MACD difference of -0.00031, a fast Exponential Moving Average (EMA) indicator of 26.7108, a slow Exponential Moving Average (EMA) indicator of 26.7108, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.14229, a trix of -0.13115, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 0.04264, a KST Oscillator (KST) of -1.59381 and a KST Oscillator (KST Signal) of -1.59381 (leaving a KST difference of -0.28688). We also found an Ichimoku rating of 26.7725, an Ichimoku B rating of 26.7725, a Ichimoku visual trend A of 26.8363, an Ichimoku visual trend B of 26.81274, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 19.98234, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -257.48792, a stochastic oscillator of 1284.0, a stochastic oscillator signal of 1284.0, a Williams %R rating of 1184.0 and an awesome oscillator of -0.00481.
RETURNS: There was a daily return of -0.15938, a daily log return of -0.115 and a cumulative return of -0.11493.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-07-15 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for First Trust Alternative Absolute Return Strategy ETF ($FAAR)…
For a more complete analysis, run all of this through the BTMA software. Also, to stay up to date with what is happening on First Trust Alternative Absolute Return Strategy ETF, we strongly advise First Trust Alternative Absolute Return Strategy ETF investors to subscribe to MarketBeat.com’s daily email newsletter for updates, news and analyst ratings on stocks like First Trust Alternative Absolute Return Strategy ETF – without this you are trading blind:
We will of course continue to cover the news and price action of First Trust Alternative Absolute Return Strategy ETF, but it’s easiest for you to just subscribe to MarketBeat’s newsletter above so you don’t miss anything.
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling First Trust Alternative Absolute Return Strategy ETF ($FAAR) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.
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