FEDM Stock FlexShares ESG&Clmt Dev Mkts ex-US Cr (FEDM, $50.39) RSI Indicator left the oversold zone on November 01, 2024

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FEDM - FlexShares ESG&Clmt Dev Mkts ex-US Cr

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Odds of UP Trend

Price: $50.39

Daily change: $0 (0%)

Daily volume: 13

Net Assets: $55.3M

FEDM's RSI Oscillator climbs out of oversold territory

The RSI Oscillator for FEDM moved out of oversold territory on November 01, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 34 similar instances when the indicator left oversold territory. In of the 34 cases the stock moved higher. This puts the odds of a move higher at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FEDM advanced for three days, in of 326 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day moving average for FEDM crossed bearishly below the 50-day moving average on October 23, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following 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 November 08, 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.