FMED saw its Stochastic Oscillator peaks and leaves the overbought zone
The Stochastic Oscillator for FMED moved out of overbought territory on April 22, 2025. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 21 similar instances where the indicator exited the overbought zone. In of the 21 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
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 .
The Aroon Indicator for FMED entered a downward trend on April 10, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where FMED's RSI Indicator exited the oversold zone, of 13 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on FMED as a result. In of 31 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 FMED just turned positive on April 15, 2025. Looking at past instances where FMED's MACD turned positive, the stock continued to rise in of 16 cases 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 107 cases, the price rose further within the following month. The odds of a continued upward trend are .
FMED may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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% | +2.03% | ||
| VHT - FMED | 82% Closely correlated | +1.91% | ||
| IBB - FMED | 82% Closely correlated | +2.72% | ||
| IHI - FMED | 80% Closely correlated | +1.72% | ||
| XBI - FMED | 77% Closely correlated | +2.82% | ||
| XLV - FMED | 74% Closely correlated | +1.88% |