FDNI Stock First Trust Dow Jones Intl Intnt ETF (FDNI, $28.92) entered Uptrend as Momentum indicator ascends above 0 level on Dec 17, 2024

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FDNI - First Trust Dow Jones Intl Intnt ETF

Momentum signal

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Odds of UP Trend

Price: $28.92

Daily change: +$0.31 (+1.08%)

Daily volume: 2.1K

Net Assets: $40.3M

FDNI saw its Stochastic Oscillator peaks and leaves the overbought zone

The Stochastic Oscillator for FDNI moved out of overbought territory on December 11, 2024. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 70 similar instances where the indicator exited the overbought zone. In of the 70 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for FDNI turned negative on December 17, 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 48 similar instances when the indicator turned negative. In of the 48 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 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 December 09, 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 Momentum Indicator moved above the 0 level on December 17, 2024. You may want to consider a long position or call options on FDNI as a result. In of 92 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

FDNI moved above its 50-day moving average on December 04, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for FDNI crossed bullishly above the 50-day moving average on December 10, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 FDNI advanced for three days, in of 327 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 206 cases where FDNI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .