Ad is loading...
MENU

FTQI Stock First Trust Nasdaq BuyWrite Income ETF (FTQI, $21.05) RSI Indicator left the overbought zone on November 13, 2024

A.I.dvisor
at Tickeron.com
Loading...
FTQI - First Trust Nasdaq BuyWrite Income ETF
RSI signal
Bearish Trend
Odds of DOWN Trend
Tickeron
RSI signal
Price: $21.05
Daily change: -$0.04 (-0.19%)
Daily volume: 71.6K
Net Assets: $498.8M
This is a signal that FTQI's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 54 similar cases where FTQI's RSI Indicator left the overbought zone, and in of them led to a successful outcome. Odds of Success:

FTQI saw its Stochastic Oscillator peaks and leaves the overbought zone

The Stochastic Oscillator for FTQI moved out of overbought territory on November 15, 2024. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 68 similar instances where the indicator exited the overbought zone. In of the 68 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for FTQI moved out of overbought territory on November 13, 2024. 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 53 similar instances where the indicator moved out of overbought territory. In of the 53 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 FTQI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

FTQI broke above its upper Bollinger Band on November 08, 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 Momentum Indicator moved above the 0 level on November 06, 2024. You may want to consider a long position or call options on FTQI as a result. In of 84 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 FTQI just turned positive on November 07, 2024. Looking at past instances where FTQI's MACD turned positive, the stock continued to rise in of 46 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 FTQI advanced for three days, in of 338 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 348 cases where FTQI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

View a ticker or compare two or three
FTQI
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

Category Trading

Profile
Fundamentals
Details
Category
Derivative Income
Address
Wheaton
Phone
N/A
Web
www.ftportfolios.com