FEDL ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN Forecast, Technical & Fundamental Analysis
FEDL's Stochastic Oscillator is sitting in oversold zone for 6 days
The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Aroon Indicator entered an Uptrend today. In of 226 cases where FEDL 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 Moving Average Convergence Divergence Histogram (MACD) for FEDL turned negative on December 06, 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 28 similar instances when the indicator turned negative. In of the 28 cases the stock turned lower in the days that followed. This puts the odds of success at .
FEDL broke above its upper Bollinger Band on November 26, 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.
General Information
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FEDL and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FEDL has been closely correlated with ESUS. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if FEDL jumps, then ESUS could also see price increases.
| Ticker / NAME | Correlation To FEDL | 1D Price Change % | ||
|---|---|---|---|---|
| FEDL | 100% | N/A | ||
| ESUS - FEDL | 85% Closely correlated | N/A | ||
| SPUU - FEDL | 83% Closely correlated | +2.60% | ||
| UPRO - FEDL | 83% Closely correlated | +3.32% | ||
| XUSP - FEDL | 83% Closely correlated | +1.18% | ||
| QULL - FEDL | 82% Closely correlated | N/A | ||
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