BUFQ Stock FT Vest Laddered Nasdaq Buffer ETF (BUFQ, $29.77) Aroon Indicator entered an Uptrend on July 22, 2024.
Momentum Indicator for BUFQ turns positive, indicating new upward trend
BUFQ saw its Momentum Indicator move above the 0 level on October 08, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 30 similar instances where the indicator turned positive. In of the 30 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for BUFQ just turned positive on October 09, 2024. Looking at past instances where BUFQ's MACD turned positive, the stock continued to rise in of 20 cases over the following month. The odds of a continued upward trend are .
BUFQ moved above its 50-day moving average on September 11, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for BUFQ crossed bullishly above the 50-day moving average on September 17, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 6 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BUFQ advanced for three days, in of 176 cases, the price rose further within the following month. The odds of a continued upward trend are .
BUFQ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 208 cases where BUFQ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for BUFQ moved out of overbought territory on September 27, 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 25 similar instances where the indicator moved out of overbought territory. In of the 25 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
Fundamental Analysis (Ratings)
Tickeron has a negative outlook on this ticker and predicts a further decline by more than 1.00% within the next month with a likelihood of 79%.
General Information
Category Trading