FCEF Stock First Trust Income Opportunity ETF (FCEF, $21.85) Moving Average Convergence Divergence (MACD) Histogram turned negative on November 15, 2024

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FCEF - First Trust Income Opportunity ETF

MACD signal

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Odds of DOWN Trend

Price: $21.85

Daily change: -$0.09 (-0.41%)

Daily volume: 4.9K

Net Assets: $39.5M

FCEF sees MACD Histogram crosses below signal line

FCEF saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on November 15, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 46 instances where the indicator turned negative. In of the 46 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for FCEF moved out of overbought territory on November 12, 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 60 similar instances where the indicator moved out of overbought territory. In of the 60 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 59 cases where FCEF's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

FCEF moved below its 50-day moving average on November 15, 2024 date and that indicates a change from an upward trend to a downward trend.

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

FCEF broke above its upper Bollinger Band on November 08, 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.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 06, 2024. You may want to consider a long position or call options on FCEF as a result. In of 66 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 FCEF advanced for three days, in of 429 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 374 cases where FCEF Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .