FMAR Stock Tickeron detected bullish ETF Pattern: Triangle Symmetrical Top FMAR on January 14, 2025, netting in a 1.90% gain over 1 month

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FMAR - FT Vest US Equity Buffer ETF Mar

Ticker: FMAR

Company: FT Vest US Equity Buffer ETF Mar

Gain: +1.9%

Confirmed: 01/14/25

Succeeded: 02/18/25

Total length: 43 days

Momentum Indicator for FMAR turns positive, indicating new upward trend

FMAR saw its Momentum Indicator move above the 0 level on February 10, 2025. 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 60 similar instances where the indicator turned positive. In of the 60 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for FMAR just turned positive on January 16, 2025. Looking at past instances where FMAR's MACD turned positive, the stock continued to rise in of 38 cases over the following month. The odds of a continued upward trend are .

FMAR moved above its 50-day moving average on January 15, 2025 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 FMAR advanced for three days, in of 306 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 381 cases where FMAR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for FMAR moved out of overbought territory on February 20, 2025. 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 39 similar instances where the indicator moved out of overbought territory. In of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 9 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FMAR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

FMAR broke above its upper Bollinger Band on February 13, 2025. 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.