+Compare
FJP
ETF ticker: NASDAQ
AS OF
Loading...
Price
Loading...
Change
Loading...
Net Assets
181.2M

FJP First Trust Japan AlphaDEX® ETF Forecast, Technical & Fundamental Analysis

Category JapanStock
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for FJP with price predictions
07:00 PM EST Dec 07, 2023

FJP sees its Stochastic Oscillator ascending out of oversold territory

On December 07, 2023, the Stochastic Oscillator for FJP moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 66 instances where the indicator left the oversold zone. In of the 66 cases the stock moved higher in the following days. This puts the odds of a move higher at over .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

FJP moved above its 50-day moving average on November 17, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for FJP crossed bullishly above the 50-day moving average on November 22, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 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 FJP advanced for three days, in of 315 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 195 cases where FJP 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 Momentum Indicator moved below the 0 level on December 08, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on FJP as a result. In of 105 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for FJP turned negative on December 05, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FJP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

FJP broke above its upper Bollinger Band on November 03, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Industry description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ AlphaDEX® Japan Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to select stocks from the NASDAQ Japan Index (the "base index") that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Ad is loading...
A.I. Advisor
published General Information

General Information

Category JapanStock

Profile
Fundamentals
Details
Category
Japan Stock
Address
First Trust Exchange-Traded Alphadex Fund II120 East Liberty Drive, Suite 400, Wheaton, IllinoisWheaton
Phone
(800) 621-1675
Web
www.ftportfolios.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
IHSSX21.150.17
+0.81%
Hartford Small Company R4
SPMPX4.330.03
+0.70%
Invesco SteelPath MLP Alpha Plus R5
PEIIX36.290.14
+0.39%
Principal Equity Income Inst
SLYCX14.520.05
+0.35%
SEI Large Cap Y (SIMT)
JETTX13.320.04
+0.30%
Janus Henderson Global Sust Eq T

FJP and

Correlation & Price change

A.I.dvisor indicates that over the last year, FJP has been closely correlated with FLJP. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if FJP jumps, then FLJP could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FJP
1D Price
Change %
FJP100%
-1.25%
FLJP - FJP
88%
Closely correlated
-0.65%
BBJP - FJP
88%
Closely correlated
-0.55%
EWJ - FJP
88%
Closely correlated
-0.59%
DFJ - FJP
83%
Closely correlated
-0.84%
EWJV - FJP
78%
Closely correlated
-0.81%
More