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FEUZ Stock First Trust Eurozone AlphaDEX® ETF (FEUZ, $40.94) entered Downtrend as Momentum indicator drops below 0 level on Dec 02, 2024

A.I.dvisor
at Tickeron.com
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FEUZ - First Trust Eurozone AlphaDEX® ETF
Momentum signal
Bearish Trend
Odds of DOWN Trend
Tickeron
Momentum signal
Price: $40.94
Daily change: -$0.29 (-0.7%)
Daily volume: 4.7K
Net Assets: $57.7M
This indicator may be signaling that FEUZ's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 90 similar cases where FEUZ's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:

FEUZ sees its 50-day moving average cross bearishly below its 200-day moving average

The 50-day moving average for FEUZ moved below the 200-day moving average on December 09, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 60 cases where FEUZ's Stochastic Oscillator exited the overbought zone, the price fell further within 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 FEUZ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

FEUZ broke above its upper Bollinger Band on December 05, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for FEUZ entered a downward trend on December 06, 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 Momentum Indicator moved above the 0 level on December 05, 2024. You may want to consider a long position or call options on FEUZ as a result. In of 88 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 FEUZ just turned positive on November 29, 2024. Looking at past instances where FEUZ'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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FEUZ advanced for three days, in of 312 cases, the price rose further within the following month. The odds of a continued upward trend are .

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FEUZ
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General Information

Category EuropeStock

Profile
Fundamentals
Details
Category
Europe Stock
Address
First Trust Exchange-Traded Alphadex Fund II120 East Liberty Drive, Suite 400, Wheaton, IllinoisWheaton
Phone
(800) 621-1675
Web
www.ftportfolios.com