FLGV Franklin U.S. Treasury Bond ETF Forecast, Technical & Fundamental Analysis
FLGV's RSI Indicator recovers from oversold territory
The RSI Indicator for FLGV moved out of oversold territory on December 30, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 45 similar instances when the indicator left oversold territory. In of the 45 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FLGV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category IntermediateGovernment
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| GHTMX | 12.74 | N/A | N/A |
| Goldman Sachs International T/M Eq Instl | |||
| SIGIX | 11.79 | N/A | N/A |
| Seafarer Overseas Gr and Income Instl | |||
| APDKX | 48.09 | -0.04 | -0.08% |
| Artisan International Value Advisor | |||
| CRIHX | 12.98 | -0.01 | -0.08% |
| CRM Long/Short Opportunities Instl | |||
| HFSIX | 12.58 | -0.09 | -0.71% |
| Hartford Schroders Intl Cntrrn Val I | |||
FLGV and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FLGV has been closely correlated with GOVT. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if FLGV jumps, then GOVT could also see price increases.
| Ticker / NAME | Correlation To FLGV | 1D Price Change % | ||
|---|---|---|---|---|
| FLGV | 100% | -0.17% | ||
| GOVT - FLGV | 97% Closely correlated | -0.16% | ||
| SCHR - FLGV | 96% Closely correlated | -0.21% | ||
| VGIT - FLGV | 95% Closely correlated | -0.19% | ||
| IEI - FLGV | 93% Closely correlated | -0.17% | ||
| MBB - FLGV | 93% Closely correlated | -0.16% | ||
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