FRDM Stock Tickeron detected bullish ETF Pattern: Head-and-Shoulders Bottom FRDM on January 29, 2025, netting in a 7.34% gain over 3 months

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FRDM - Freedom 100 Emerging Markets ETF

Ticker: FRDM

Company: Freedom 100 Emerging Markets ETF

Gain: +7.34%

Confirmed: 01/29/25

Succeeded: 05/01/25

Total length: 92 days

Momentum Indicator for FRDM turns positive, indicating new upward trend

FRDM saw its Momentum Indicator move above the 0 level on April 17, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 66 similar instances where the indicator turned positive. In of the 66 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for FRDM just turned positive on April 16, 2025. Looking at past instances where FRDM's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .

FRDM moved above its 50-day moving average on April 22, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for FRDM crossed bullishly above the 50-day moving average on April 25, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 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 FRDM advanced for three days, in of 340 cases, the price rose further within the following month. The odds of a continued upward trend are .

FRDM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 258 cases where FRDM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 16 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FRDM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .