First Trust Merger Arbitrage Fund - Class A (VARAX) Technical Analysis
Summary of all the Indicators
SummaryBuy
4Bearish
3Neutral
14Bullish
OscillatorsSell
4Bearish
3Neutral
2Bullish
Moving AveragesStrong Buy
0Bearish
0Neutral
12Bullish
1 Day timeframe · Data as of Nov 02, 2026
- First Trust Merger Arbitrage Fund - Class A’s (VARAX) Moving Averages Convergence Divergence (MACD) indicator is 0.06, suggesting First Trust Merger Arbitrage Fund - Class A is a Sell.
- First Trust Merger Arbitrage Fund - Class A’s (VARAX) 20-Day exponential moving average is $10.70, while First Trust Merger Arbitrage Fund - Class A’s (VARAX) share price is $11.41, making it a Buy.
- First Trust Merger Arbitrage Fund - Class A’s (VARAX) 50-Day exponential moving average is $10.64, while First Trust Merger Arbitrage Fund - Class A’s (VARAX) share price is $11.41, making it a Buy.
First Trust Merger Arbitrage Fund - Class A (VARAX) Pivot Points
1 Day timeframe · Data as of Nov 02, 2026
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 9.95 | 10.29 | 10.45 | 10.79 | 10.95 | 11.29 | 11.45 |
| Fibonacci | 10.29 | 10.48 | 10.60 | 10.79 | 10.98 | 11.10 | 11.29 |
First Trust Merger Arbitrage Fund - Class A (VARAX) Moving Averages
1 Day timeframe · Data as of Nov 02, 2026
| Period | Simple | Exponential |
|---|---|---|
| MA5 | 10.78Buy | 10.88Buy |
| MA10 | 10.70Buy | 10.76Buy |
| MA20 | 10.66Buy | 10.70Buy |
| MA50 | 10.63Buy | 10.64Buy |
| MA100 | 10.59Buy | 10.60Buy |
| MA200 | 10.50Buy | 10.54Buy |
- First Trust Merger Arbitrage Fund - Class A’s (VARAX) 10-Day exponential moving average is $10.76, while First Trust Merger Arbitrage Fund - Class A’s (VARAX) share price is $11.41, making it a Buy.
- First Trust Merger Arbitrage Fund - Class A’s (VARAX) 100-Day exponential moving average is $10.60, while First Trust Merger Arbitrage Fund - Class A’s (VARAX) share price is $11.41, making it a Buy.
- First Trust Merger Arbitrage Fund - Class A’s (VARAX) stock price is $11.41 and First Trust Merger Arbitrage Fund - Class A’s (VARAX) 50-day simple moving average is $10.63, creating a Buy signal.
- First Trust Merger Arbitrage Fund - Class A’s (VARAX) stock price is $11.41 and First Trust Merger Arbitrage Fund - Class A’s (VARAX) 100-day simple moving average is $10.59, creating a Buy signal.
- First Trust Merger Arbitrage Fund - Class A’s (VARAX) stock price is $11.41 and First Trust Merger Arbitrage Fund - Class A’s (VARAX) 200-day simple moving average is $10.50, creating a Buy signal.
First Trust Merger Arbitrage Fund - Class A (VARAX) Technical Analysis
1 Day timeframe · Data as of Nov 02, 2026
| Name | Value | Action |
|---|---|---|
| RSI (14) | 94.92 | Sell |
| STOCH (9,6) | 35.22 | Neutral |
| STOCHRSI (14) | 35.22 | Neutral |
| MACD (12,26) | 0.06 | Sell |
| ADX (14) | 20.25 | Neutral |
| Williams %R | 0.00 | - |
| CCI (14) | 666.67 | Sell |
| ATR (14) | 0.52 | - |
| Ultimate Oscillator | 16.28 | Sell |
| ROC | 7.34 | Buy |
- First Trust Merger Arbitrage Fund - Class A’s (VARAX) Relative Strength Index (RSI) is 94.92, creating a Sell signal.
- First Trust Merger Arbitrage Fund - Class A’s (VARAX) Trend Strength Indicator (ADX) is 20.25, creating a Neutral signal.
- First Trust Merger Arbitrage Fund - Class A’s (VARAX) Commodity Channel Index (CCI) is 666.67, creating a Sell signal.
- First Trust Merger Arbitrage Fund - Class A’s (VARAX) Price Rate of Change (ROC) is 7.34, creating a Buy signal.
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FAQ
Is VARAX a Buy, Hold, or Sell?
Based on VARAX’s technical indicators on the 1-day timeframe as of Nov 02, 2026, VARAX is a Buy.
What is VARAX’s RSI (14)?
VARAX’s RSI (14) is 94.92, which suggests VARAX is a Sell.
What is VARAX’s MACD?
VARAX’s MACD is 0.06, which suggests VARAX is a Sell.
What is VARAX’s 5-day moving average?
VARAX’s 5-day moving average is 10.78, which suggests VARAX is a Buy.
What is VARAX’s 20-day moving average?
VARAX 20-day moving average is 10.66, which suggests VARAX is a Buy.
What is VARAX’s 50-day moving average?
VARAX’s 50-day moving average is 10.63, which suggests VARAX is a Buy.
What is VARAX’s 200-day moving average?
VARAX’s 200-day moving average is 10.50, which suggests VARAX is a Buy.
What is VARAX’s CCI (14)?
VARAX’s CCI (14) is 666.67, which suggests VARAX is a Sell.
