The stock of FIRST TRUST GLOBAL FUNDS PUBLIC LIMITED COMPANY FT US LARGE CAP CORE ALPHADEX UCITS ETF (LON:FEX) hit a new 52-week high and has GBX 7096.32 target or 152.00% above today’s GBX 2816.00 share price. The 8 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 11 by Barchart.com. If the GBX 7096.32 price target is reached, the company will be worth GBX more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The ETF decreased 0.95% or GBX 27 on November 11, hitting GBX 2816. About 1,716 shares traded hands. FIRST TRUST GLOBAL FUNDS PUBLIC LIMITED COMPANY FT US LARGE CAP CORE ALPHADEX UCITS ETF (LON:FEX) has risen 51.00% since April 4, 2016 and is uptrending. It has outperformed by 44.86% the S&P500.
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