FLSP Stock Franklin Systematic Style Premia ETF (FLSP, $24.03) price moved above its 50-day Moving Average on November 07, 2024
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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 Momentum Indicator moved above the 0 level on November 04, 2024. You may want to consider a long position or call options on FLSP as a result. In of 122 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for FLSP just turned positive on November 07, 2024. Looking at past instances where FLSP's MACD turned positive, the stock continued to rise in of 67 cases over the following month. The odds of a continued upward trend are .
FLSP moved above its 50-day moving average on November 07, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FLSP advanced for three days, in of 294 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 63 cases where FLSP's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
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 November 12, 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