Momentum Indicator for FLEU turns positive, indicating new upward trend
FLEU saw its Momentum Indicator move above the 0 level on January 06, 2025. 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 83 similar instances where the indicator turned positive. In of the 83 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 62 cases where FLEU's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for FLEU just turned positive on January 07, 2025. Looking at past instances where FLEU'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 FLEU advanced for three days, in of 349 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
FLEU moved below its 50-day moving average on January 08, 2025 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 FLEU 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 FLEU entered a downward trend on January 08, 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.
General Information
Category EuropeStock
FLEU and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FLEU has been closely correlated with BBEU. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if FLEU jumps, then BBEU could also see price increases.
| Ticker / NAME | Correlation To FLEU | 1D Price Change % | ||
|---|---|---|---|---|
| FLEU | 100% | -0.23% | ||
| BBEU - FLEU | 92% Closely correlated | +0.22% | ||
| IEUS - FLEU | 84% Closely correlated | +0.74% | ||
| EFA - FLEU | 51% Loosely correlated | N/A | ||
| IEFA - FLEU | 50% Loosely correlated | +0.03% | ||
| VEA - FLEU | 50% Loosely correlated | -0.18% | ||
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