FLGR Franklin FTSE Germany ETF Forecast, Technical & Fundamental Analysis

FLGR's RSI Oscillator recovers from overbought zone

The 10-day RSI Indicator for FLGR moved out of overbought territory on December 09, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 25 instances where the indicator moved out of the overbought zone. In of the 25 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 59 cases where FLGR'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 FLGR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

FLGR broke above its upper Bollinger Band on November 29, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for FLGR entered a downward trend on November 29, 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 Momentum Indicator moved above the 0 level on November 26, 2024. You may want to consider a long position or call options on FLGR as a result. In of 84 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 FLGR just turned positive on November 26, 2024. Looking at past instances where FLGR's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .

FLGR moved above its 50-day moving average on December 03, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for FLGR crossed bullishly above the 50-day moving average on December 09, 2024. 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 FLGR advanced for three days, in of 341 cases, the price rose further within the following month. The odds of a continued upward trend are .