First Trust STOXX European Select Dividend Income Fund (FDD, $15.45) entered Downtrend as Momentum indicator drops below 0 level on Jun 16, 2025

#TechnicalAnalysis, #Momentum, #Bearish, #ETFs
FDD - First Trust STOXX European Select Dividend Income Fund
Momentum signal
Bearish Trend
81%
Odds of DOWN Trend
Price: $15.45
Daily change: +$0.01 (+0.06%)
Daily volume: 359.8K
Net Assets: $550.3M

This indicator may be signaling that FDD's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 75 similar cases where FDD's Momentum Indicator fell below the 0 level, and 61 of them led to a successful outcome. Odds of Success: 81%.