FEP First Trust Europe AlphaDEX® ETF Forecast, Technical & Fundamental Analysis

FEP in -10.55% downward trend, falling for three consecutive days on April 07, 2025

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where FEP declined for three days, in of 240 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Aroon Indicator for FEP entered a downward trend on April 16, 2025. 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 FEP's RSI Indicator exited the oversold zone, of 34 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on April 17, 2025. You may want to consider a long position or call options on FEP as a result. In of 76 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 FEP just turned positive on April 15, 2025. Looking at past instances where FEP's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .

FEP moved above its 50-day moving average on April 14, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for FEP crossed bullishly above the 50-day moving average on April 23, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 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 FEP advanced for three days, in of 335 cases, the price rose further within the following month. The odds of a continued upward trend are .

FEP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.