FGM First Trust Germany AlphaDEX® ETF Forecast, Technical & Fundamental Analysis

FGM's Stochastic Oscillator remains in overbought zone for 1 day

Expect a price pull-back in the near future.

Technical Analysis (Indicators)

Bearish Trend Analysis

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on FGM as a result. In of 91 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 FGM just turned positive on January 07, 2025. Looking at past instances where FGM's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .

FGM moved above its 50-day moving average on January 06, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for FGM crossed bullishly above the 50-day moving average on January 07, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 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 FGM advanced for three days, in of 302 cases, the price rose further within the following month. The odds of a continued upward trend are .