FMED's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for FMED turned positive on June 02, 2025. Looking at past instances where FMED's MACD turned positive, the stock continued to rise in of 18 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
FMED moved above its 50-day moving average on May 29, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for FMED crossed bullishly above the 50-day moving average on May 30, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 5 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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FMED advanced for three days, in of 114 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 84 cases where FMED 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 Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The Momentum Indicator moved below the 0 level on June 04, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on FMED as a result. In of 32 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 FMED declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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General Information
Category Health
FMED and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FMED has been closely correlated with VHT. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if FMED jumps, then VHT could also see price increases.
| Ticker / NAME | Correlation To FMED | 1D Price Change % | ||
|---|---|---|---|---|
| FMED | 100% | +0.25% | ||
| VHT - FMED | 82% Closely correlated | +0.19% | ||
| IBB - FMED | 82% Closely correlated | +0.23% | ||
| IHI - FMED | 80% Closely correlated | -0.08% | ||
| XBI - FMED | 77% Closely correlated | +0.17% | ||
| XLV - FMED | 74% Closely correlated | +0.20% |