AFSM First Trust Active Factor Small Cap ETF Forecast, Technical & Fundamental Analysis
AFSM sees MACD Histogram just turned negative
AFSM saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on February 11, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 46 instances where the indicator turned negative. In of the 46 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on February 19, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on AFSM as a result. In of 88 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AFSM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for AFSM entered a downward trend on January 23, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for AFSM's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AFSM advanced for three days, in of 321 cases, the price rose further within the following month. The odds of a continued upward trend are .
AFSM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category SmallBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| UIVPX | 12.14 | -0.18 | -1.46% |
| MFS Intrinsic Value R3 | |||
| ESPAX | 38.30 | -0.57 | -1.47% |
| Allspring Special Small Cap Value A | |||
| ADCVX | 21.48 | -0.54 | -2.45% |
| American Century Disciplined Growth A | |||
| GINUX | 27.25 | -1.04 | -3.68% |
| Goldman Sachs Small Cap Gr Insghts R6 | |||
| VLNPX | 41.53 | -1.64 | -3.80% |
| Voya Small Cap Growth R6 | |||
AFSM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, AFSM has been closely correlated with SMMD. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if AFSM jumps, then SMMD could also see price increases.
| Ticker / NAME | Correlation To AFSM | 1D Price Change % | ||
|---|---|---|---|---|
| AFSM | 100% | -3.01% | ||
| SMMD - AFSM | 97% Closely correlated | -2.85% | ||
| IJR - AFSM | 21% Poorly correlated | -2.65% | ||
| SPSM - AFSM | 21% Poorly correlated | -2.69% | ||
| IWM - AFSM | 19% Poorly correlated | -2.88% | ||
| SCHA - AFSM | 18% Poorly correlated | -2.73% | ||
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