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FRI Stock Tickeron detected bearish ETF Pattern: Wedge Rising FRI on June 24, 2025, netting in a 2.63% gain over 1 day

A.I.dvisor
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+2.63% Gain from a Successful pattern Wedge Rising
FRI - First Trust S&P REIT ETF
Tickeron
Ticker: FRI
Company: First Trust S&P REIT ETF
Gain from shorting: +2.63%
Confirmed: 06/24/25
Succeeded: 06/25/25
Total length: 1 day
On June 24, 2025, A.I.dvisor detected a Wedge Rising Pattern (Bearish) for First Trust S&P REIT ETF (FRI, $27.56). On June 24, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On June 25, 2025, the stock hit the target price of $26.59 – resulting in a gain for traders who shorted the stock on the pattern detection date.

FRI sees MACD Histogram just turned negative

FRI saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on June 25, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 44 instances where the indicator turned negative. In of the 44 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on June 25, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on FRI as a result. In of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 FRI 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 is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

FRI moved above its 50-day moving average on June 27, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FRI advanced for three days, in of 319 cases, the price rose further within the following month. The odds of a continued upward trend are .

FRI 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 308 cases where FRI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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General Information

Category RealEstate

Profile
Fundamentals
Details
Category
Real Estate
Address
First Trust Exchange-Traded Fund1001 Warrenville Road, Suite 300Lisle
Phone
630-241-4141
Web
www.ftportfolios.com