FDM First Trust Dow Jones Sel MicroCap ETF Forecast, Technical & Fundamental Analysis
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 Dow Jones Select MicroCap Index SM... Show more
FDM's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for FDM turned positive on April 16, 2025. Looking at past instances where FDM'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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where FDM's RSI Indicator exited the oversold zone, of 27 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 17, 2025. You may want to consider a long position or call options on FDM as a result. In of 91 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 FDM advanced for three days, in of 305 cases, the price rose further within the following month. The odds of a continued upward trend are .
FDM 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 has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
The 50-day moving average for FDM moved below the 200-day moving average on April 14, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FDM 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 FDM entered a downward trend on April 10, 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 SmallValue
FDM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FDM has been closely correlated with BSVO. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if FDM jumps, then BSVO could also see price increases.
| Ticker / NAME | Correlation To FDM | 1D Price Change % | ||
|---|---|---|---|---|
| FDM | 100% | +0.94% | ||
| BSVO - FDM | 96% Closely correlated | +1.12% | ||
| ROSC - FDM | 96% Closely correlated | N/A | ||
| EES - FDM | 96% Closely correlated | +1.06% | ||
| AVUV - FDM | 96% Closely correlated | +1.02% | ||
| AVSC - FDM | 95% Closely correlated | +0.95% | ||
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