FEIG Stock FlexShares ESG&Clmt Invm Grd Corp Cr Idx (FEIG, $41.81) price exceeded its 50-day Moving Average on October 17, 2024
at Tickeron.com
FEIG in downward trend: 10-day moving average moved below 50-day moving average on October 16, 2024
The 10-day moving average for FEIG crossed bearishly below the 50-day moving average on October 16, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 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 .
Technical Analysis (Indicators)
Bearish Trend Analysis
FEIG moved below its 50-day moving average on October 17, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FEIG 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 FEIG entered a downward trend on November 15, 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.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where FEIG's RSI Oscillator exited the oversold zone, of 40 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The Momentum Indicator moved above the 0 level on November 15, 2024. You may want to consider a long position or call options on FEIG as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for FEIG just turned positive on November 07, 2024. Looking at past instances where FEIG's MACD turned positive, the stock continued to rise in of 43 cases 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 FEIG advanced for three days, in of 325 cases, the price rose further within the following month. The odds of a continued upward trend are .
FEIG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category IntermediateTermBond