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FTLS
ETF ticker: NYSE ARCA
AS OF
Dec 17, 04:59 PM (EDT)
Price
$67.18
Change
-$0.09 (-0.13%)
Net Assets
1.71B

FTLS stock forecast, quote, news & analysis

Category: @Long-Short
FTLS
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
A.I.Advisor
a Summary for FTLS with price predictions
Dec 17, 2024

Momentum Indicator for FTLS turns positive, indicating new upward trend

FTLS saw its Momentum Indicator move above the 0 level on November 25, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 98 similar instances where the indicator turned positive. In of the 98 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for FTLS just turned positive on November 26, 2024. Looking at past instances where FTLS's MACD turned positive, the stock continued to rise in of 56 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FTLS advanced for three days, in of 327 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 386 cases where FTLS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 14 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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

FTLS broke above its upper Bollinger Band on December 17, 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.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Eli Lilly & Co (NYSE:LLY), VISA (NYSE:V).

Industry description

The investment seeks to provide investors with long-term total return. Under normal conditions, the fund will expose at least 80% of its net assets (including investment borrowings) to U.S. exchange-listed equity securities and/or U.S. exchange-traded funds ("ETFs") that provide exposure to U.S. exchange-listed equity securities. It pursues its investment objective by establishing long and short positions in its portfolio of U.S. exchange-listed equity securities and ETFs. The fund may invest up to 20% of its net assets (including investment borrowings) in U.S. exchange-listed equity index futures contracts.

Market Cap

The average market capitalization across the First Trust Long/Short Equity ETF ETF is 97.3B. The market cap for tickers in the group ranges from 20.66M to 3.19T. NVDA holds the highest valuation in this group at 3.19T. The lowest valued company is LOGN at 20.66M.

High and low price notable news

The average weekly price growth across all stocks in the First Trust Long/Short Equity ETF ETF was 2%. For the same ETF, the average monthly price growth was 4%, and the average quarterly price growth was 9%. AVGO experienced the highest price growth at 40%, while ARVN experienced the biggest fall at -22%.

Volume

The average weekly volume growth across all stocks in the First Trust Long/Short Equity ETF ETF was 15%. For the same stocks of the ETF, the average monthly volume growth was -8% and the average quarterly volume growth was -15%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 59
P/E Growth Rating: 54
Price Growth Rating: 48
SMR Rating: 54
Profit Risk Rating: 50
Seasonality Score: 21 (-100 ... +100)
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FTLS
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category LongShort

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