FEDM saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 18, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 42 instances where the indicator turned negative. In of the 42 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
The Momentum Indicator moved below the 0 level on December 16, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on FEDM as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FEDM 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 FEDM entered a downward trend on December 02, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 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 upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FEDM advanced for three days, in of 329 cases, the price rose further within the following month. The odds of a continued upward trend are .
FEDM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Category ForeignLargeBlend
A.I.dvisor indicates that over the last year, FEDM has been closely correlated with DIHP. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if FEDM jumps, then DIHP could also see price increases.
Ticker / NAME | Correlation To FEDM | 1D Price Change % | ||
---|---|---|---|---|
FEDM | 100% | -0.17% | ||
DIHP - FEDM | 97% Closely correlated | -0.06% | ||
SSXU - FEDM | 90% Closely correlated | +0.25% | ||
IEFA - FEDM | 10% Poorly correlated | -0.27% | ||
EFA - FEDM | 10% Poorly correlated | -0.28% | ||
VXUS - FEDM | 10% Poorly correlated | -1.04% | ||
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