FPE First Trust Preferred Sec & Inc ETF Forecast, Technical & Fundamental Analysis
FPE in -0.43% downward trend, sliding for three consecutive days on December 13, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where FPE declined for three days, in of 234 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 13, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on FPE as a result. In of 55 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 FPE turned negative on December 16, 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 37 similar instances when the indicator turned negative. In of the 37 cases the stock turned lower in the days that followed. This puts the odds of success at .
FPE moved below its 50-day moving average on December 13, 2024 date and that indicates a change from an upward trend to a downward trend.
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The 10-day moving average for FPE crossed bullishly above the 50-day moving average on December 06, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 9 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 FPE advanced for three days, in of 364 cases, the price rose further within the following month. The odds of a continued upward trend are .
General Information
Category RetirementIncome
| 1 Day | |||
|---|---|---|---|
| FOREX / NAME | Price $ | Chg $ | Chg % |
| CNYCHF | 0.12 | N/A | N/A |
| China Yuan - Switzerland Franc | |||
| GBPJPY | 195.54 | N/A | N/A |
| United Kingdom Pound - Japan Yen | |||
| NZDAUD | 0.91 | N/A | N/A |
| New Zealand Dollar - Australian Dollar | |||
| CADHKD | 5.46 | N/A | N/A |
| Canadian Dollar - Hong Kong Dollar | |||
| XAUUSD | 2651.50 | N/A | N/A |
| Gold Ounce - United States Dollar | |||
FPE and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FPE has been closely correlated with PFF. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if FPE jumps, then PFF could also see price increases.