FJUN FT Cboe Vest US Equity Buffer ETF Jun Forecast, Technical & Fundamental Analysis
Momentum Indicator for FJUN turns positive, indicating new upward trend
FJUN saw its Momentum Indicator move above the 0 level on November 02, 2023. 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 46 similar instances where the indicator turned positive. In of the 46 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 FJUN just turned positive on November 02, 2023. Looking at past instances where FJUN's MACD turned positive, the stock continued to rise in of 32 cases over the following month. The odds of a continued upward trend are .
FJUN moved above its 50-day moving average on November 03, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for FJUN crossed bullishly above the 50-day moving average on November 13, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 9 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 FJUN advanced for three days, in of 241 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 257 cases where FJUN 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 RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 13 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 20 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 FJUN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Fundamental Analysis (Ratings)
Industry description
General Information
Category LargeBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| VRTGX | 324.45 | 3.12 | +0.97% |
| Vanguard Russell 2000 Growth Index I | |||
| SPIDX | 49.50 | -0.27 | -0.54% |
| Invesco S&P 500 Index Y | |||
| IJEAX | 10.74 | -0.09 | -0.83% |
| VY® JPMorgan Emerging Markets Equity A | |||
| NWPIX | 20.83 | -0.20 | -0.95% |
| Nuveen International Sm Cp I | |||
| VWUSX | 53.77 | -0.56 | -1.03% |
| Vanguard US Growth Investor | |||
FJUN and
Correlation & Price change
A.I.dvisor indicates that over the last year, FJUN has been closely correlated with PAUG. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if FJUN jumps, then PAUG could also see price increases.
| Ticker / NAME | Correlation To FJUN | 1D Price Change % | ||
|---|---|---|---|---|
| FJUN | 100% | -0.31% | ||
| PAUG - FJUN | 88% Closely correlated | -0.34% | ||
| PJUL - FJUN | 87% Closely correlated | -0.26% | ||
| BUFR - FJUN | 85% Closely correlated | -0.54% | ||
| POCT - FJUN | 83% Closely correlated | -0.31% | ||
| PDEC - FJUN | 81% Closely correlated | -0.44% | ||
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