FNY First Trust Mid Cap Growth AlphaDEX® ETF Forecast, Technical & Fundamental Analysis
FNY's RSI Oscillator ascending out of oversold territory
The RSI Indicator for FNY moved out of oversold territory on December 20, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 23 similar instances when the indicator left oversold territory. In of the 23 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on FNY as a result. In of 77 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 FNY advanced for three days, in of 369 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 FNY's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The 10-day moving average for FNY crossed bearishly below the 50-day moving average on December 23, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over 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 FNY 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 FNY 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.
General Information
Category MidCapGrowth
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| TWCGX | 58.82 | 0.65 | +1.12% |
| American Century Growth Inv | |||
| IGISX | 19.39 | 0.16 | +0.83% |
| Voya Growth and Income Port S2 | |||
| FSBLX | 20.38 | 0.10 | +0.49% |
| Federated Hermes Global Allocation R6 | |||
| SMFYX | 39.24 | 0.18 | +0.46% |
| American Beacon Stephens Mid-Cap Gr Y | |||
| TBHDX | 5.43 | 0.02 | +0.37% |
| Tweedy, Browne Worldwide Hi Div Yld Val | |||
FNY and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FNY has been closely correlated with VXF. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if FNY jumps, then VXF could also see price increases.