FTGC Stock First Trust Global Tact Cmdty Strat ETF (FTGC, $23.95) RSI Indicator left the overbought zone on January 03, 2025

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FTGC - First Trust Global Tact Cmdty Strat ETF

RSI signal

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Odds of DOWN Trend

Price: $23.95

Daily change: -$0.19 (-0.79%)

Daily volume: 180.4K

Net Assets: $2.2B

FTGC's Stochastic Oscillator sits in overbought zone for 4 days

The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for FTGC moved out of overbought territory on January 03, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 44 similar instances where the indicator moved out of overbought territory. In of the 44 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

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

FTGC broke above its upper Bollinger Band on January 02, 2025. 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 Momentum Indicator moved above the 0 level on December 30, 2024. You may want to consider a long position or call options on FTGC as a result. In of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for FTGC just turned positive on December 30, 2024. Looking at past instances where FTGC'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 .

FTGC moved above its 50-day moving average on December 20, 2024 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 FTGC advanced for three days, in of 381 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 316 cases where FTGC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .