FBL GraniteShares 2x Long META Daily ETF Forecast, Technical & Fundamental Analysis

FBL's Stochastic Oscillator sits in overbought zone for 1 day

Expect a price pull-back in the near future.

Technical Analysis (Indicators)

Bearish Trend Analysis

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

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on FBL as a result. In of 31 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 FBL just turned positive on January 07, 2025. Looking at past instances where FBL's MACD turned positive, the stock continued to rise in of 19 cases over the following month. The odds of a continued upward trend are .

FBL moved above its 50-day moving average on January 02, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where FBL advanced for three days, in of 137 cases, the price rose further within the following month. The odds of a continued upward trend are .

FBL 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 175 cases where FBL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .