First Trust NASDAQ ABA Community Bank Index Fund Breaks Above 200-Day Moving Average - Bullish for QABA

In trading on Tuesday, shares of the First Trust NASDAQ ABA Community Bank Index Fund ETF (QABA) crossed above their 200 day moving average of $35.18, changing hands as high as $35.24 per share. First Trust NASDAQ ABA Community Bank Index Fund shares are currently trading up about 0.7% on the day. The chart below shows the one year performance of QABA shares, versus its 200 day moving average:

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First Trust NASDAQ ABA Community Bank Index Fund 200 Day Moving Average Chart

Looking at the chart above, QABA's low point in its 52 week range is $31.10 per share, with $38.07 as the 52 week high point — that compares with a last trade of $35.23.

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