Momentum Indicator for FTCS turns negative, indicating new downward trend
FTCS saw its Momentum Indicator move below the 0 level on December 09, 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 79 similar instances where the indicator turned negative. In of the 79 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for FTCS turned negative on December 06, 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 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .
FTCS moved below its 50-day moving average on December 11, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for FTCS crossed bearishly below the 50-day moving average on December 17, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 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 FTCS 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 RSI Indicator shows that the ticker has stayed in the oversold zone for 5 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 Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 10 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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FTCS advanced for three days, in of 358 cases, the price rose further within the following month. The odds of a continued upward trend are .
FTCS 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 396 cases where FTCS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category LargeBlend
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| AMZA | 42.41 | 0.76 | +1.83% |
| InfraCap MLP ETF | |||
| GSJY | 37.33 | 0.15 | +0.39% |
| Goldman Sachs ActiveBeta® Japan Eq ETF | |||
| GUSA | 52.91 | 0.17 | +0.33% |
| Goldman Sachs MarketBeta US 1000 Eq ETF | |||
| BMED | 25.12 | -0.01 | -0.03% |
| iShares Health Innovation Active ETF | |||
| APLY | 18.23 | -0.06 | -0.33% |
| YieldMax AAPL Option Income Strategy ETF | |||
FTCS and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FTCS has been closely correlated with VIG. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if FTCS jumps, then VIG could also see price increases.
| Ticker / NAME | Correlation To FTCS | 1D Price Change % | ||
|---|---|---|---|---|
| FTCS | 100% | +0.05% | ||
| VIG - FTCS | 92% Closely correlated | +0.35% | ||
| VTI - FTCS | 77% Closely correlated | +0.57% | ||
| IVV - FTCS | 76% Closely correlated | +0.73% | ||
| VOO - FTCS | 75% Closely correlated | +0.72% | ||
| SPY - FTCS | 75% Closely correlated | +0.60% | ||
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