FGM Stock First Trust Germany AlphaDEX® ETF (FGM, $39.08) Stochastic Oscillator left the overbought zone on January 07, 2025

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FGM - First Trust Germany AlphaDEX® ETF

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Odds of DOWN Trend

Price: $39.08

Daily change: $0 (0%)

Daily volume: 120

Net Assets: $7.8M

FGM in -2.99% downward trend, falling for three consecutive days on December 18, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where FGM declined for three days, in of 253 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for FGM moved out of overbought territory on December 16, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 35 similar instances where the indicator moved out of overbought territory. In of the 35 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

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

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 .

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