FAD Stock First Trust Multi Cap Gr AlphaDEX® ETF (FAD, $121.67) price may drop as it broke higher Bollinger Band on May 06, 2024

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05/07/24

FAD - First Trust Multi Cap Gr AlphaDEX® ETF

Bollinger signal

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Odds of DOWN Trend

Price: $121.67

Daily change: +$1.68 (+1.4%)

Daily volume: 2.7K

Net Assets: $185.9M

This price move could be a signal that FAD may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 40 similar cases where FAD's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:

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