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FCG
ETF ticker: NYSE ARCA
AS OF
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Net Assets
474.47M

FCG First Trust Natural Gas ETF Forecast, Technical & Fundamental Analysis

Category Energy
Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for FCG with price predictions
07:00 PM EST Dec 07, 2023

FCG sees MACD Histogram crosses below signal line

FCG saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 05, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 48 instances where the indicator turned negative. In of the 48 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 04, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on FCG as a result. In of 80 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

FCG moved below its 50-day moving average on November 06, 2023 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for FCG crossed bearishly below the 50-day moving average on November 07, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

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

The Aroon Indicator for FCG entered a downward trend on December 08, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where FCG's RSI Indicator exited the oversold zone, of 32 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FCG advanced for three days, in of 309 cases, the price rose further within the following month. The odds of a continued upward trend are .

FCG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are ConocoPhillips (NASDAQ:COP), EOG Resources (NASDAQ:EOG), Pioneer Natural Resource Co (NASDAQ:PXD), Occidental Petroleum Corp (NASDAQ:OXY), Hess Corp (NASDAQ:HES), Devon Energy Corp (NASDAQ:DVN), Diamondback Energy (NASDAQ:FANG), EQT Corp (NASDAQ:EQT), Marathon Oil Corp (NASDAQ:MRO), APA Corp (NASDAQ:APA).

Industry description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the ISE-Revere Natural Gas™ Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks, depositary receipts and MLP units and other securities that comprise the index. The index is designed to track the performance of mid and large capitalization companies that derive a substantial portion of their revenues from midstream activities and/or the exploration and production of natural gas.

Market Cap

The average market capitalization across the First Trust Natural Gas ETF ETF is 16.05B. The market cap for tickers in the group ranges from 195.57M to 136.31B. COP holds the highest valuation in this group at 136.31B. The lowest valued company is EPM at 195.57M.

High and low price notable news

The average weekly price growth across all stocks in the First Trust Natural Gas ETF ETF was -5%. For the same ETF, the average monthly price growth was -4%, and the average quarterly price growth was 4%. TELL experienced the highest price growth at 15%, while BTE experienced the biggest fall at -13%.

Volume

The average weekly volume growth across all stocks in the First Trust Natural Gas ETF ETF was 10%. For the same stocks of the ETF, the average monthly volume growth was -15% and the average quarterly volume growth was 45%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 55
P/E Growth Rating: 39
Price Growth Rating: 60
SMR Rating: 45
Profit Risk Rating: 61
Seasonality Score: 30 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Energy

Profile
Fundamentals
Details
Category
Equity Energy
Address
First Trust Exchange-Traded Fund1001 Warrenville Road, Suite 300Lisle
Phone
630-241-4141
Web
www.ftportfolios.com
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FCG and

Correlation & Price change

A.I.dvisor indicates that over the last year, FCG has been closely correlated with XOP. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if FCG jumps, then XOP could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FCG
1D Price
Change %
FCG100%
+1.20%
XOP - FCG
99%
Closely correlated
+1.24%
IYE - FCG
95%
Closely correlated
+1.05%
VDE - FCG
94%
Closely correlated
+1.19%
XLE - FCG
92%
Closely correlated
+1.08%
IXC - FCG
92%
Closely correlated
+1.10%
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