Momentum Indicator for FDIF turns negative, indicating new downward trend
FDIF saw its Momentum Indicator move below the 0 level on December 17, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 21 similar instances where the indicator turned negative. In of the 21 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for FDIF moved out of overbought territory on December 09, 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 12 similar instances where the indicator moved out of overbought territory. In of the 12 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Moving Average Convergence Divergence Histogram (MACD) for FDIF turned negative on December 12, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 11 similar instances when the indicator turned negative. In of the 11 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FDIF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
FDIF broke above its upper Bollinger Band on November 11, 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 Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FDIF advanced for three days, in of 100 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 104 cases where FDIF Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category LargeGrowth
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FDIF and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FDIF has been closely correlated with QQEW. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if FDIF jumps, then QQEW could also see price increases.
| Ticker / NAME | Correlation To FDIF | 1D Price Change % | ||
|---|---|---|---|---|
| FDIF | 100% | -0.61% | ||
| QQEW - FDIF | 93% Closely correlated | -0.44% | ||
| QQQM - FDIF | 90% Closely correlated | -0.42% | ||
| QQQ - FDIF | 90% Closely correlated | -0.44% | ||
| SCHG - FDIF | 89% Closely correlated | -0.45% | ||
| VUG - FDIF | 89% Closely correlated | -0.28% | ||
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