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ECLN
ETF ticker: NYSE ARCA
AS OF
Dec 20 closing price
Price
$28.87
Change
+$0.37 (+1.30%)
Net Assets
14.44M

ECLN stock forecast, quote, news & analysis

Category: @Utilities
ECLN
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
A.I.Advisor
a Summary for ECLN with price predictions
Dec 20, 2024

ECLN's RSI Indicator climbs out of oversold territory

The RSI Indicator for ECLN moved out of oversold territory on December 20, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 28 similar instances when the indicator left oversold territory. In of the 28 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 10 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ECLN advanced for three days, in of 370 cases, the price rose further within the following month. The odds of a continued upward trend are .

ECLN 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 360 cases where ECLN 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 Momentum Indicator moved below the 0 level on December 06, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ECLN as a result. In of 77 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for ECLN turned negative on December 04, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 38 similar instances when the indicator turned negative. In of the 38 cases the stock turned lower in the days that followed. This puts the odds of success at .

ECLN moved below its 50-day moving average on December 11, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for ECLN crossed bearishly below the 50-day moving average on December 18, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following 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 ECLN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Southern Company (The) (NYSE:SO), Cheniere Energy (NYSE:LNG), Targa Resources Corp (NYSE:TRGP).

Industry description

The investment seeks to achieve a competitive risk-adjusted total return balanced between dividends and capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in the equity securities of companies identified by the fund's investment sub-advisor as having or seeking to have a positive carbon impact. Its investments will be concentrated in the industries constituting the energy infrastructure sector. The fund is non-diversified.

Market Cap

The average market capitalization across the First Trust EIP Carbon Impact ETF ETF is 26.4B. The market cap for tickers in the group ranges from 2.37B to 77.57B. SO holds the highest valuation in this group at 77.57B. The lowest valued company is CPK at 2.37B.

High and low price notable news

The average weekly price growth across all stocks in the First Trust EIP Carbon Impact ETF ETF was -2%. For the same ETF, the average monthly price growth was -4%, and the average quarterly price growth was 16%. CNP experienced the highest price growth at 2%, while CQP experienced the biggest fall at -10%.

Volume

The average weekly volume growth across all stocks in the First Trust EIP Carbon Impact ETF ETF was 175%. For the same stocks of the ETF, the average monthly volume growth was 137% and the average quarterly volume growth was 28%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 57
P/E Growth Rating: 45
Price Growth Rating: 49
SMR Rating: 60
Profit Risk Rating: 46
Seasonality Score: 10 (-100 ... +100)
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ECLN
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category Utilities

Profile
Fundamentals
Details
Category
Utilities
Address
First Trust Exchange-Traded Fund IV120 East Liberty Drive, Suite 400Wheaton
Phone
N/A
Web
www.ftportfolios.com