FBT Stock First Trust NYSE Arca Biotech ETF (FBT, $169.84) price moved above its 50-day Moving Average on January 07, 2025

GET DAILY SIGNALS

Get AI intraday signals

FBT - First Trust NYSE Arca Biotech ETF

Moving Avg. signal

View

Odds of UP Trend

Price: $169.84

Daily change: +$1.28 (+0.76%)

Daily volume: 16K

Net Assets: $1.1B

FBT's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for FBT turned positive on January 06, 2025. Looking at past instances where FBT's MACD turned positive, the stock continued to rise in of 53 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

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 FBT as a result. In of 96 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

FBT moved above its 50-day moving average on January 07, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FBT advanced for three days, in of 333 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

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

FBT broke above its upper Bollinger Band on January 08, 2025. 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.