FLCO Stock Franklin Investment Grade Corporate ETF (FLCO, $22.13) Moving Average Convergence Divergence (MACD) Histogram turned negative on September 19, 2024

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FLCO - Franklin Investment Grade Corporate ETF

MACD signal

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Odds of DOWN Trend

Price: $22.13

Daily change: +$0.01 (+0.05%)

Daily volume: 20.8K

Net Assets: $580.8M

FLCO in downward trend: 10-day moving average broke below 50-day moving average on October 16, 2024

The 10-day moving average for FLCO crossed bearishly below the 50-day moving average on October 16, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 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 .

Technical Analysis (Indicators)

Bearish Trend Analysis

FLCO moved below its 50-day moving average on October 17, 2024 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FLCO 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 FLCO entered a downward trend on November 15, 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 RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where FLCO's RSI Indicator exited the oversold zone, of 37 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Momentum Indicator moved above the 0 level on November 15, 2024. You may want to consider a long position or call options on FLCO as a result. In of 81 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 FLCO just turned positive on November 07, 2024. Looking at past instances where FLCO'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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FLCO advanced for three days, in of 326 cases, the price rose further within the following month. The odds of a continued upward trend are .

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