Momentum Indicator for FBCG turns positive, indicating new upward trend
FBCG saw its Momentum Indicator move above the 0 level on November 02, 2023. 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 56 similar instances where the indicator turned positive. In of the 56 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 FBCG just turned positive on November 02, 2023. Looking at past instances where FBCG's MACD turned positive, the stock continued to rise in of 31 cases over the following month. The odds of a continued upward trend are .
FBCG moved above its 50-day moving average on November 03, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for FBCG crossed bullishly above the 50-day moving average on November 10, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 9 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 FBCG advanced for three days, in of 244 cases, the price rose further within the following month. The odds of a continued upward trend are .
FBCG 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 226 cases where FBCG 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 RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 9 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 16 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Fundamental Analysis (Ratings)
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Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category LargeGrowth
FBCG and
Correlation & Price change
A.I.dvisor indicates that over the last year, FBCG has been closely correlated with VUG. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if FBCG jumps, then VUG could also see price increases.
| Ticker / NAME | Correlation To FBCG | 1D Price Change % | ||
|---|---|---|---|---|
| FBCG | 100% | +0.25% | ||
| VUG - FBCG | 97% Closely correlated | +0.20% | ||
| SCHG - FBCG | 96% Closely correlated | +0.19% | ||
| QQQ - FBCG | 96% Closely correlated | +0.26% | ||
| SPYG - FBCG | 96% Closely correlated | +0.05% | ||
| IWF - FBCG | 96% Closely correlated | +0.26% | ||
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