Momentum Indicator for FLNCF turns negative, indicating new downward trend
FLNCF saw its Momentum Indicator move below the 0 level on December 27, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 70 similar instances where the indicator turned negative. In of the 70 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for FLNCF turned negative on December 27, 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 of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .
FLNCF moved below its 50-day moving average on December 27, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for FLNCF crossed bearishly below the 50-day moving average on January 08, 2025. 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 .
The Aroon Indicator for FLNCF entered a downward trend on December 26, 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 Indicator shows that the ticker has stayed in the oversold zone for 7 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
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FLNCF and Stocks
Correlation & Price change
A.I.dvisor tells us that FLNCF and HQI have been poorly correlated (+22% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that FLNCF and HQI's prices will move in lockstep.
| Ticker / NAME | Correlation To FLNCF | 1D Price Change % | ||
|---|---|---|---|---|
| FLNCF | 100% | N/A | ||
| HQI - FLNCF | 22% Poorly correlated | +3.13% | ||
| FTRS - FLNCF | 7% Poorly correlated | +18.98% | ||
| RANJF - FLNCF | 6% Poorly correlated | N/A | ||
| RANJY - FLNCF | 6% Poorly correlated | -1.66% | ||
| AHEXY - FLNCF | 6% Poorly correlated | -2.10% | ||
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