FNX Stock Tickeron detected bullish ETF Pattern: Triangle Symmetrical Bottom FNX on January 14, 2025, netting in a 2.57% gain over 1 week

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FNX - First Trust Mid Cap Core AlphaDEX® ETF

Ticker: FNX

Company: First Trust Mid Cap Core AlphaDEX® ETF

Gain: +2.57%

Confirmed: 01/14/25

Succeeded: 01/16/25

Total length: 8 days

FNX's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for FNX turned positive on January 08, 2025. Looking at past instances where FNX's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where FNX's RSI Oscillator exited the oversold zone, of 20 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 January 03, 2025. You may want to consider a long position or call options on FNX as a result. In of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 FNX advanced for three days, in of 337 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 64 cases where FNX'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 FNX 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 FNX entered a downward trend on January 08, 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.