Question 1

What implications does the 10-day RSI indicator have for FLHY?

Accepted Answer

The 10-day RSI Indicator for FLHY moved out of overbought territory on September 10, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 50 similar instances where the indicator moved out of overbought territory. In 23 of the 50 cases, the stock moved lower in the following days. This puts the odds of a move lower at 46%.

Question 2

What does the Stochastic Oscillator suggest about FLHY's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 18 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did FLHY's Momentum indicator behave recently?

Accepted Answer

FLHY saw its Momentum Indicator move above the 0 level on August 08, 2024. 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 88 similar instances where the indicator turned positive. In 53 of the 88 cases, the stock moved higher in the following days. The odds of a move higher are at 60%.

Question 4

What does MACD indicator imply for FLHY?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for FLHY turned negative on September 10, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In 19 of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at 43%.

Question 5

What does a 3-day price advance indicate for FLHY?

Accepted Answer

Following a +0.29% 3-day Advance, the price is estimated to grow further. Considering data from situations where FLHY advanced for three days, in 195 of 333 cases, the price rose further within the following month. The odds of a continued upward trend are 59%.

Question 6

What does FLHY breaking above its upper Bollinger Band indicate?

Accepted Answer

FLHY broke above its upper Bollinger Band on August 19, 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.

Question 7

How does the Aroon Indicator reflect on FLHY's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 170 of 324 cases where FLHY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 52%.

FLHY Stock Franklin High Yield Corporate ETF (FLHY, $23.25) RSI Indicator left the oversold zone on April 17, 2024

Momentum Indicator for FLHY turns positive, indicating new upward trend

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