FKU Stock First Trust United Kingdom AlphaDEX® ETF (FKU, $40.25) price exceeded its 50-day Moving Average on October 29, 2024

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FKU - First Trust United Kingdom AlphaDEX® ETF

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Odds of DOWN Trend

Price: $40.25

Daily change: -$0.57 (-1.4%)

Daily volume: 13K

Net Assets: $77.4M

Momentum Indicator for FKU turns negative, indicating new downward trend

FKU saw its Momentum Indicator move below the 0 level on November 08, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 93 similar instances where the indicator turned negative. In of the 93 cases, the stock moved further down in the following days. The odds of a decline are at .

Technical Analysis (Indicators)

Bearish Trend Analysis

FKU moved below its 50-day moving average on October 29, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for FKU crossed bearishly below the 50-day moving average on October 28, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over 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 FKU 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 FKU entered a downward trend on November 05, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FKU advanced for three days, in of 323 cases, the price rose further within the following month. The odds of a continued upward trend are .

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