FJP Stock First Trust Japan AlphaDEX® ETF (FJP, $51.68) entered Uptrend as Momentum indicator ascends above 0 level on Dec 31, 2024

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FJP - First Trust Japan AlphaDEX® ETF

Momentum signal

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Odds of UP Trend

Price: $51.68

Daily change: -$0.08 (-0.15%)

Daily volume: 8.3K

Net Assets: $191.1M

Momentum Indicator for FJP turns positive, indicating new upward trend

FJP saw its Momentum Indicator move above the 0 level on December 31, 2024. 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 106 similar instances where the indicator turned positive. In of the 106 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 FJP just turned positive on December 31, 2024. Looking at past instances where FJP's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .

FJP moved above its 50-day moving average on December 26, 2024 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 January 06, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 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 300 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 66 cases where FJP's Stochastic Oscillator exited the overbought zone, the price fell further within 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 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 .

The Aroon Indicator for FJP entered a downward trend on January 03, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.