FGDL Franklin Responsibly Sourced Gold ETF Forecast, Technical & Fundamental Analysis

Momentum Indicator for FGDL turns positive, indicating new upward trend

FGDL saw its Momentum Indicator move above the 0 level on January 02, 2025. 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 40 similar instances where the indicator turned positive. In of the 40 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 FGDL just turned positive on January 02, 2025. Looking at past instances where FGDL's MACD turned positive, the stock continued to rise in of 31 cases over the following month. The odds of a continued upward trend are .

FGDL moved above its 50-day moving average on January 08, 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 FGDL advanced for three days, in of 158 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 135 cases where FGDL 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 Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 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 FGDL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .