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 crosses above signal line
The Moving Average Convergence Divergence (MACD) for FDM turned positive on June 24, 2025. Looking at past instances where FDM's MACD turned positive, the stock continued to rise in of 48 cases over 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 June 03, 2025. You may want to consider a long position or call options on FDM as a result. In of 89 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 301 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 303 cases where FDM 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 demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
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 .
FDM broke above its upper Bollinger Band on June 24, 2025. 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.
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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% | +1.41% | ||
| BSVO - FDM | 96% Closely correlated | +0.62% | ||
| ROSC - FDM | 96% Closely correlated | +0.82% | ||
| EES - FDM | 96% Closely correlated | +0.90% | ||
| AVSC - FDM | 95% Closely correlated | +1.43% | ||
| SQLV - FDM | 95% Closely correlated | +1.05% | ||
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