FEUZ First Trust Eurozone AlphaDEX® ETF Forecast, Technical & Fundamental Analysis
Momentum Indicator for FEUZ turns positive, indicating new upward trend
FEUZ saw its Momentum Indicator move above the 0 level on January 03, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 89 similar instances where the indicator turned positive. In of the 89 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for FEUZ just turned positive on January 06, 2025. Looking at past instances where FEUZ's MACD turned positive, the stock continued to rise in of 51 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 FEUZ advanced for three days, in of 310 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
General Information
Category EuropeStock
FEUZ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FEUZ has been closely correlated with EZU. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if FEUZ jumps, then EZU could also see price increases.
| Ticker / NAME | Correlation To FEUZ | 1D Price Change % | ||
|---|---|---|---|---|
| FEUZ | 100% | +0.81% | ||
| EZU - FEUZ | 88% Closely correlated | +0.87% | ||
| VGK - FEUZ | 87% Closely correlated | +0.96% | ||
| IEV - FEUZ | 86% Closely correlated | +1.14% | ||
| FEZ - FEUZ | 84% Closely correlated | +1.06% | ||
| IEUS - FEUZ | 84% Closely correlated | +1.23% | ||
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