FDNI First Trust Dow Jones Intl Intnt ETF Forecast, Technical & Fundamental Analysis

Momentum Indicator for FDNI turns positive, indicating new upward trend

FDNI saw its Momentum Indicator move above the 0 level on January 17, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 94 similar instances where the indicator turned positive. In of the 94 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for FDNI just turned positive on January 17, 2025. Looking at past instances where FDNI's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .

FDNI moved above its 50-day moving average on January 24, 2025 date and that indicates a change from a downward trend to an upward trend.

Bearish Trend Analysis

The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 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 FDNI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

FDNI broke above its upper Bollinger Band on January 28, 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.

The Aroon Indicator for FDNI entered a downward trend on January 23, 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.