FGD Stock First Trust Dow Jones Global Sel Div ETF (FGD, $23.49) Moving Average Convergence Divergence (MACD) Histogram turned positive on November 20, 2024

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FGD - First Trust Dow Jones Global Sel Div ETF

MACD signal

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Odds of UP Trend

Price: $23.49

Daily change: -$0.01 (-0.04%)

Daily volume: 35.1K

Net Assets: $560.8M

FGD's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for FGD turned positive on November 20, 2024. 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 .

Technical Analysis (Indicators)

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FGD advanced for three days, in of 340 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 Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

The Momentum Indicator moved below the 0 level on November 08, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on FGD as a result. In of 71 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

FGD moved below its 50-day moving average on October 23, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for FGD crossed bearishly below the 50-day moving average on October 30, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over 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 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 November 21, 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.