FDL First Trust Morningstar Div Leaders ETF Forecast, Technical & Fundamental Analysis
FDL's RSI Indicator ascends from oversold territory
The RSI Indicator for FDL moved out of oversold territory on December 20, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 25 similar instances when the indicator left oversold territory. In of the 25 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on FDL as a result. In of 84 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 FDL just turned positive on January 03, 2025. Looking at past instances where FDL's MACD turned positive, the stock continued to rise in of 47 cases 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 FDL advanced for three days, in of 363 cases, the price rose further within the following month. The odds of a continued upward trend are .
FDL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 69 cases where FDL's Stochastic Oscillator exited the overbought zone, the price fell further within 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 FDL 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 FDL entered a downward trend on January 02, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category LargeValue
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| DMCYX | 31.30 | 0.27 | +0.87% |
| BNY Mellon Opportunistic Midcap Value Y | |||
| ECEIX | 10.45 | 0.03 | +0.29% |
| Lazard Emerging Markets Core Equity Inst | |||
| RGAGX | 76.21 | -0.03 | -0.04% |
| American Funds Growth Fund of Amer R6 | |||
| AFEIX | 53.59 | -0.08 | -0.15% |
| American Century Large Cap Equity I | |||
| EVSAX | 23.46 | -0.04 | -0.17% |
| Allspring Disciplined US Core A | |||
FDL and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FDL has been closely correlated with SCHD. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if FDL jumps, then SCHD could also see price increases.