Question 1

What implications does the 10-day RSI indicator have for FAB?

Accepted Answer

The 10-day RSI Indicator for FAB moved out of overbought territory on August 01, 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 46 similar instances where the indicator moved out of overbought territory. In 32 of the 46 cases, the stock moved lower in the following days. This puts the odds of a move lower at 70%.

Question 2

What does the Stochastic Oscillator suggest about FAB's trend?

Accepted Answer

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Question 3

How did FAB's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on September 05, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on FAB as a result. In 64 of 79 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 81%.

Question 4

What does MACD indicator imply for FAB?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for FAB turned negative on September 05, 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 44 similar instances when the indicator turned negative. In 34 of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at 77%.

Question 5

What is the significance of the 50-day moving average indicator for FAB?

Accepted Answer

FAB moved above its 50-day moving average on August 13, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

What is the significance of the 10-day moving average indicator for FAB?

Accepted Answer

The 10-day moving average for FAB crossed bullishly above the 50-day moving average on August 19, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 14 of 17 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 82%.

Question 7

What does a 3-day price advance indicate for FAB?

Accepted Answer

Following a +1.00% 3-day Advance, the price is estimated to grow further. Considering data from situations where FAB advanced for three days, in 262 of 320 cases, the price rose further within the following month. The odds of a continued upward trend are 82%.

Question 8

What does a 3-day decline signify for FAB's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FAB declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 77%.

Question 9

What does FAB breaking above its upper Bollinger Band indicate?

Accepted Answer

FAB broke above its upper Bollinger Band on August 23, 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. The A.I.dvisor looked at 39 similar instances where the stock broke above the upper band. In 36 of the 39 cases the stock fell afterwards. This puts the odds of success at 90%.

Question 10

How does the Aroon Indicator reflect on FAB's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 249 of 304 cases where FAB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 82%.

FAB Stock First Trust Multi Cap Val AlphaDEX® ETF (FAB, $82.27) entered Downtrend as Momentum indicator drops below 0 level on Sep 05, 2024

FAB in downward trend: price expected to drop as it breaks its higher Bollinger Band on August 23, 2024

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