FGB Price Prediction, First Trust Specialty Finance and Financial Opportunities Fund AI Recommendations
ETF market charts, price targets, analyst ratings and a financial calendar
Momentum Indicator for FGB turns positive, indicating new upward trend
FGB saw its Momentum Indicator move above the 0 level on November 02, 2023. 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 85 similar instances where the indicator turned positive. In of the 85 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 FGB just turned positive on November 02, 2023. Looking at past instances where FGB's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .
FGB moved above its 50-day moving average on November 10, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for FGB crossed bullishly above the 50-day moving average on November 14, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 20 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 FGB advanced for three days, in of 306 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 309 cases where FGB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for FGB moved out of overbought territory on November 24, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 38 similar instances where the indicator moved out of overbought territory. In of the 38 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 58 cases where FGB'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 FGB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
FGB broke above its upper Bollinger Band on November 03, 2023. 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.
Fundamental Analysis (Ratings)
Industry description
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| GLCAX | 9.89 | 0.14 | +1.44% |
| Morgan Stanley Cntrpnt Global A | |||
| LMNOX | 29.55 | 0.24 | +0.82% |
| Patient Opportunity I | |||
| KMKNX | 41.78 | 0.26 | +0.63% |
| Kinetics Market Opportunities No Load | |||
| FMAMX | 65.98 | 0.01 | +0.02% |
| Fidelity Advisor® Stock Sel All Cp A | |||
| ASISX | 27.01 | -0.09 | -0.33% |
| Invesco EQV Asia Pacific Equity R6 | |||
FGB and
Correlation & Price change
A.I.dvisor indicates that over the last year, FGB has been loosely correlated with FXO. These tickers have moved in lockstep 62% of the time. This A.I.-generated data suggests there is some statistical probability that if FGB jumps, then FXO could also see price increases.