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First Trust Managed Futures Strategy Fund Breaks Below 200-Day Moving Average – Notable for FMF

In trading on Thursday, shares of the First Trust Managed Futures Strategy Fund ETF (Symbol: FMF) crossed below their 200 day moving average of $49.61, changing hands as low as $49.37 per share. First Trust Managed Futures Strategy Fund shares are currently trading off about 1.3% on the day. The chart below shows the one year performance of FMF shares, versus its 200 day moving average:

First Trust Managed Futures Strategy Fund 200 Day Moving Average Chart

Looking at the chart above, FMF’s low point in its 52 week range is $45.02 per share, with $52.30 as the 52 week high point — that compares with a last trade of $49.41.

Click here to find out which 9 other ETFs recently crossed below their 200 day moving average »

Further FMF Research:

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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