FGD First Trust Dow Jones Global Sel Div ETF Forecast, Technical & Fundamental Analysis
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Dow Jones Global Select Dividend Index SM... Show more
FGD's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for FGD turned positive on April 16, 2025. Looking at past instances where FGD's MACD turned positive, the stock continued to rise in of 39 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 17, 2025. You may want to consider a long position or call options on FGD as a result. In of 67 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
FGD moved above its 50-day moving average on April 15, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for FGD crossed bullishly above the 50-day moving average on April 24, 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 FGD advanced for three days, in of 342 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 304 cases where FGD 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 RSI Indicator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 19 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FGD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category ForeignLargeValue
FGD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FGD has been closely correlated with IDV. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if FGD jumps, then IDV could also see price increases.
| Ticker / NAME | Correlation To FGD | 1D Price Change % | ||
|---|---|---|---|---|
| FGD | 100% | +0.59% | ||
| IDV - FGD | 95% Closely correlated | +0.58% | ||
| FNDF - FGD | 93% Closely correlated | +0.13% | ||
| VYMI - FGD | 93% Closely correlated | +0.21% | ||
| DFIV - FGD | 93% Closely correlated | +0.37% | ||
| EFV - FGD | 88% Closely correlated | +0.03% |