Ad is loading...
MENU

FTCI Stock FTC Solar (FTCI, $0.4) Aroon Indicator entered a Downtrend on November 22, 2024.

A.I.dvisor
at Tickeron.com
Loading...
FTCI - FTC Solar
Aroon signal
Bearish Trend
Odds of DOWN Trend
Tickeron
Aroon signal
Price: $0.4039
Daily change: -$0.0091 (-2.2%)
Daily volume: 756.1K
Capitalization: $51.6M
For the last three days, A.I.dvisor has detected that FTCI's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for FTCI, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 205 similar cases, of which were successful. Based on this data, the odds of success are

Momentum Indicator for FTCI turns negative, indicating new downward trend

FTCI saw its Momentum Indicator move below the 0 level on October 31, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 56 similar instances where the indicator turned negative. In of the 56 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for FTCI turned negative on October 30, 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 25 similar instances when the indicator turned negative. In of the 25 cases the stock turned lower in the days that followed. This puts the odds of success at .

FTCI moved below its 50-day moving average on November 12, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for FTCI crossed bearishly below the 50-day moving average on November 14, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 11 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following 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 FTCI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

FTCI broke above its upper Bollinger Band on October 21, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where FTCI's RSI Oscillator exited the oversold zone, of 25 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 11 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.

The 50-day moving average for FTCI moved above the 200-day moving average on November 01, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where FTCI advanced for three days, in of 182 cases, the price rose further within the following month. The odds of a continued upward trend are .

View a ticker or compare two or three
FTCI
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Industry

Profile
Fundamentals
Details
Industry
N/A
Address
9020 North Capital of Texas Highway
Phone
+1 737 787-7906
Employees
213
Web
https://www.ftcsolar.com