FNY First Trust Mid Cap Growth AlphaDEX® ETF Forecast, Technical & Fundamental Analysis
FNY's RSI Oscillator recovers from overbought zone
The 10-day RSI Oscillator for FNY moved out of overbought territory on November 27, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 43 instances where the indicator moved out of the overbought zone. In of the 43 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on FNY as a result. In of 77 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for FNY turned negative on December 05, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .
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 .
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FNY advanced for three days, in of 363 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 335 cases where FNY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category MidCapGrowth
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| SIIAX | 16.76 | N/A | N/A |
| AlphaCentric Real Income A | |||
| VRLCX | 19.26 | -0.11 | -0.57% |
| Voya Large Cap Growth Port R6 | |||
| OAKIX | 25.48 | -0.20 | -0.78% |
| Oakmark International Investor | |||
| SMFAX | 32.83 | -0.40 | -1.20% |
| American Beacon Stephens Mid-Cap Gr A | |||
| VNVCX | 25.15 | -0.50 | -1.95% |
| Natixis Vaughan Nelson Mid Cap C | |||
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.