FTSL First Trust Senior Loan ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide high current income; the fund's secondary investment objective is the preservation of capital... Show more
FTSL's RSI Indicator stays in oversold zone for 1 day
It is expected that a price bounce should occur soon.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FTSL advanced for three days, in of 351 cases, the price rose further within the following month. The odds of a continued upward trend are .
FTSL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on March 31, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on FTSL as a result. In of 76 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for FTSL turned negative on April 01, 2025. 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 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .
FTSL moved below its 50-day moving average on March 28, 2025 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for FTSL crossed bearishly below the 50-day moving average on April 03, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 7 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 FTSL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category BankLoan
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| JSEQX | 45.90 | -2.13 | -4.43% |
| JPMorgan Small Cap Equity R4 | |||
| AMAEX | 9.07 | -0.47 | -4.93% |
| American Century Small Cap Dividend Inv | |||
| ADCIX | 18.42 | -1.13 | -5.78% |
| American Century Disciplined Growth I | |||
| RICFX | 50.63 | -3.12 | -5.80% |
| American Funds Invmt Co of Amer R5 | |||
| RMLPX | 21.93 | -2.06 | -8.59% |
| Recurrent MLP & Infrastructure Class I | |||
FTSL and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FTSL has been closely correlated with PFRL. These tickers have moved in lockstep 77% of the time. This A.I.-generated data suggests there is a high statistical probability that if FTSL jumps, then PFRL could also see price increases.
| Ticker / NAME | Correlation To FTSL | 1D Price Change % | ||
|---|---|---|---|---|
| FTSL | 100% | -1.78% | ||
| PFRL - FTSL | 77% Closely correlated | -7.16% | ||
| LONZ - FTSL | 74% Closely correlated | -2.93% | ||
| TFLR - FTSL | 73% Closely correlated | -2.61% | ||
| FLBL - FTSL | 72% Closely correlated | -1.77% | ||
| SEIX - FTSL | 70% Closely correlated | -0.98% | ||
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