FGD Stock Tickeron detected bullish ETF Pattern: Pennant FGD on April 21, 2025, netting in a 2.80% gain over 1 month

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FGD - First Trust Dow Jones Global Sel Div ETF

Ticker: FGD

Company: First Trust Dow Jones Global Sel Div ETF

Gain: +2.8%

Confirmed: 04/21/25

Succeeded: 05/01/25

Total length: 34 days

FGD in upward trend: 10-day moving average crossed above 50-day moving average on April 24, 2025

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 .

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 69 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 FGD just turned positive on April 16, 2025. Looking at past instances where FGD's MACD turned positive, the stock continued to rise in of 40 cases over the following month. 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.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FGD advanced for three days, in of 343 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

Bearish Trend Analysis

The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 13 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 .

The Aroon Indicator for FGD entered a downward trend on April 17, 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.