Question 1

What does the Stochastic Oscillator suggest about FRNW's trend?

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Question 2

How did FRNW's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on September 12, 2024. You may want to consider a long position or call options on FRNW as a result. In 39 of 46 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 85%.

Question 3

What does MACD indicator imply for FRNW?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for FRNW just turned positive on September 12, 2024. Looking at past instances where FRNW's MACD turned positive, the stock continued to rise in 25 of 29 cases over the following month. The odds of a continued upward trend are 86%.

Question 4

What is the significance of the 50-day moving average indicator for FRNW?

Accepted Answer

FRNW moved above its 50-day moving average on September 11, 2024 date and that indicates a change from a downward trend to an upward trend. In 22 of 25 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 88%.

Question 5

What is the significance of the 10-day moving average indicator for FRNW?

Accepted Answer

The 10-day moving average for FRNW crossed bullishly above the 50-day moving average on September 16, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 7 of 10 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 70%.

Question 6

What does a 3-day price advance indicate for FRNW?

Accepted Answer

Following a +1.53% 3-day Advance, the price is estimated to grow further. Considering data from situations where FRNW advanced for three days, in 107 of 133 cases, the price rose further within the following month. The odds of a continued upward trend are 80%.

Question 7

What does a 3-day decline signify for FRNW's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FRNW declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 90%.

Question 8

What does FRNW breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 9

How does the Aroon Indicator reflect on FRNW's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 72 of 96 cases where FRNW Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 75%.

FRNW Stock Fidelity Clean Energy ETF (FRNW, $14.65) RSI Indicator left the oversold zone on July 03, 2024

FRNW in upward trend: price rose above 50-day moving average on September 11, 2024

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