FDEC FT Cboe Vest US Equity Buffer ETF Dec Forecast, Technical & Fundamental Analysis
FDEC in upward trend: price expected to rise as it breaks its lower Bollinger Band on October 26, 2023
FDEC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 19 cases where FDEC's price broke its lower Bollinger Band, its price rose further in 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 November 02, 2023. You may want to consider a long position or call options on FDEC as a result. In of 44 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 FDEC just turned positive on November 02, 2023. Looking at past instances where FDEC's MACD turned positive, the stock continued to rise in of 26 cases over the following month. The odds of a continued upward trend are .
FDEC moved above its 50-day moving average on November 03, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for FDEC crossed bullishly above the 50-day moving average on November 13, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 7 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. 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 FDEC advanced for three days, in of 192 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 221 cases where FDEC 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 demonstrates that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 19 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Fundamental Analysis (Ratings)
Industry description
General Information
Category LargeBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| ACIWX | 11.99 | 0.31 | +2.65% |
| American Century Global Real Estate G | |||
| CDOYX | 35.37 | 0.41 | +1.17% |
| Columbia Dividend Opportunity Inst3 | |||
| GDGIX | 23.52 | 0.16 | +0.68% |
| Sit Global Dividend Growth I | |||
| MVGJX | 15.37 | 0.09 | +0.59% |
| MFS Low Volatility Global Equity R1 | |||
| GQGIX | 15.36 | 0.09 | +0.59% |
| GQG Partners Emerging Markets EquityInst | |||
FDEC and
Correlation & Price change
A.I.dvisor indicates that over the last year, FDEC has been closely correlated with PSEP. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if FDEC jumps, then PSEP could also see price increases.
| Ticker / NAME | Correlation To FDEC | 1D Price Change % | ||
|---|---|---|---|---|
| FDEC | 100% | +0.58% | ||
| PSEP - FDEC | 85% Closely correlated | +0.21% | ||
| FAUG - FDEC | 84% Closely correlated | +0.43% | ||
| DAUG - FDEC | 82% Closely correlated | +0.32% | ||
| PAPR - FDEC | 75% Closely correlated | +0.25% | ||
| PJAN - FDEC | 57% Loosely correlated | +0.19% | ||
More | ||||