FLRT Pacer Pacific Asset Fltng Rt Hi Inc ETF Forecast, Technical & Fundamental Analysis

FLRT sees MACD Histogram just turned negative

FLRT saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 12, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 32 instances where the indicator turned negative. In of the 32 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

FLRT broke above its upper Bollinger Band on November 25, 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.

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FLRT advanced for three days, in of 538 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 561 cases where FLRT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .