FBT Stock Tickeron detected bullish ETF Pattern: Triangle Symmetrical Top FBT on June 05, 2025, netting in a 2.35% gain over 1 month

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FBT - First Trust NYSE Arca Biotech ETF

Ticker: FBT

Company: First Trust NYSE Arca Biotech ETF

Gain: +2.35%

Confirmed: 06/05/25

Succeeded: 07/09/25

Total length: 35 days

FBT's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for FBT turned positive on July 02, 2025. Looking at past instances where FBT's MACD turned positive, the stock continued to rise in of 52 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 July 01, 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 June 24, 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 322 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 204 cases where FBT 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 demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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 July 09, 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.