FLSP Franklin Systematic Style Premia ETF Forecast, Technical & Fundamental Analysis
FLSP in upward trend: 10-day moving average crossed above 50-day moving average on November 12, 2024
The 10-day moving average for FLSP crossed bullishly above the 50-day moving average on November 12, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 20 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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 63 cases where FLSP's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that 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 FLSP advanced for three days, in of 297 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 17, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on FLSP as a result. In of 126 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for FLSP turned negative on December 06, 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 68 similar instances when the indicator turned negative. In of the 68 cases the stock turned lower in the days that followed. This puts the odds of success at .
FLSP moved below its 50-day moving average on December 17, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FLSP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
FLSP broke above its upper Bollinger Band on December 05, 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 FLSP entered a downward trend on November 12, 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.
General Information
Category Trading
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MIOLX | 26.70 | 0.02 | +0.07% |
| Morgan Stanley Inst International Opp L | |||
| SBLYX | 77.47 | -0.24 | -0.31% |
| ClearBridge Large Cap Growth I | |||
| MLPTX | 9.52 | -0.05 | -0.52% |
| Invesco SteelPath MLP Select 40 Y | |||
| EIFVX | 20.36 | -0.14 | -0.68% |
| Eaton Vance Focused Value Opps I | |||
| WEEIX | 11.14 | -0.09 | -0.80% |
| TETON Westwood Equity I | |||
FLSP and ETFs
Correlation & Price change
A.I.dvisor tells us that FLSP and HDG have been poorly correlated (+12% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that FLSP and HDG's prices will move in lockstep.
| Ticker / NAME | Correlation To FLSP | 1D Price Change % | ||
|---|---|---|---|---|
| FLSP | 100% | -0.70% | ||
| HDG - FLSP | 12% Poorly correlated | -0.04% | ||
| HFND - FLSP | 4% Poorly correlated | -0.83% | ||
| QIS - FLSP | -5% Poorly correlated | -0.08% | ||
| QAI - FLSP | -6% Poorly correlated | -0.28% |