First Trust Technology AlphaDEX® ETF (FXL, $127) entered Downtrend as Momentum indicator drops below 0 level on Apr 30, 2024

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05/01/24

FXL - First Trust Technology AlphaDEX® ETF

Momentum signal

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Odds of DOWN Trend

Price: $127

Daily change: -$2.95 (-2.27%)

Daily volume: 15.6K

Net Assets: $1.3B

This indicator may be signaling that FXL's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 83 similar cases where FXL's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:

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