First Trust Enhanced Equity Income Fund (FFA) Shares Cross Below 200 DMA

First Trust Enhanced Equity Income Fund (FFA) Shares Cross Below 200 DMA

By Dividend Channel Staff, Thursday, February 27, 2:18 PM ET

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10 Stocks Crossing Below Their 200 Day Moving Average»

In trading on Thursday, shares of First Trust Enhanced Equity Income Fund (NYSE: FFA) crossed below their 200 day moving average of $16.19, changing hands as low as $15.23 per share. First Trust Enhanced Equity Income Fund shares are currently trading down about 3.9% on the day. The chart below shows the one year performance of FFA shares, versus its 200 day moving average:

Looking at the chart above, FFA's low point in its 52 week range is $14.53 per share, with $17.75 as the 52 week high point — that compares with a last trade of $15.56.Can your brain be trained to become a chart-predicting wizard? Click here to find out