First Trust NASDAQ Cln EdgeStGidIfsETF (GRID)’s Stock Formed A Several Months Bullish Double Top Chart Pattern

December 7, 2017 - By Adrian Erickson

The chart of First Trust NASDAQ Cln EdgeStGidIfsETF (GRID) shows a double top with $55.15 target or 9.00 % above today’s $50.60 share price. The 5 months chart pattern indicates low risk for the $27.51 million company. It was reported on Dec, 7 by Finviz.com. If the $55.15 price target is reached, the company will be worth $2.48M more. Double tops are rare but powerful chart patterns.

The stock increased 0.80% or $0.4 during the last trading session, reaching $50.6. About 1,225 shares traded. First Trust NASDAQ Cln EdgeStGidIfsETF (NASDAQ:GRID) has risen 20.79% since December 7, 2016 and is uptrending. It has outperformed by 4.09% the S&P500.

More notable recent First Trust NASDAQ Cln EdgeStGidIfsETF (NASDAQ:GRID) news were published by: Benzinga.com which released: “4 Alternative Energy ETFs To Consider” on September 17, 2014, also Nasdaq.com with their article: “RSI Alert: Itron (ITRI) Now Oversold” published on November 28, 2017, Benzinga.com published: “3 Top ETFs For Earth Day” on April 22, 2014. More interesting news about First Trust NASDAQ Cln EdgeStGidIfsETF (NASDAQ:GRID) were released by: Forbes.com and their article: “Best Energy Funds To Invest Like Bill Gates, Mark Zuckerberg” published on December 01, 2015 as well as Nasdaq.com‘s news article titled: “Will Trump Era Spell Trouble for Alternative Energy ETFs?” with publication date: April 17, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.