First Trust Commodity Fund Shares Fall Below 200-Day Moving Average

On Thursday, shares of the First Trust Global Tactical Commodity Strategy Fund ETF (Symbol: FTGC) dipped below their 200-day moving average of $24.13, reaching as low as $24.07 per share. Currently, FTGC shares are down approximately 0.5% for the day. The accompanying chart illustrates FTGC’s performance over the past year compared to its moving average:

According to the chart, FTGC’s 52-week low is $22.215 per share, while its 52-week high stands at $25.97. The latest trade price is $24.08.

Additional insights on other ETFs that have crossed below their 200-day moving average can be found here.

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