AFSM Stock First Trust Active Factor Small Cap ETF (AFSM, $31.83) Stochastic Oscillator left the overbought zone on November 14, 2024

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AFSM - First Trust Active Factor Small Cap ETF

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Odds of DOWN Trend

Price: $31.83

Daily change: -$0.44 (-1.36%)

Daily volume: 25K

Net Assets: $32.3M

AFSM saw its Stochastic Oscillator leaves the overbought zone

The Stochastic Oscillator for AFSM moved out of overbought territory on November 14, 2024. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 69 similar instances where the indicator exited the overbought zone. In of the 69 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for AFSM moved out of overbought territory on November 12, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 40 similar instances where the indicator moved out of overbought territory. In of the 40 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

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 .

AFSM broke above its upper Bollinger Band on November 06, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 05, 2024. You may want to consider a long position or call options on AFSM as a result. In of 85 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for AFSM just turned positive on November 06, 2024. Looking at past instances where AFSM's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .

AFSM moved above its 50-day moving average on November 01, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AFSM advanced for three days, in of 318 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 294 cases where AFSM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .