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 Oscillator ascends from oversold territory
The RSI Oscillator for FTSL moved out of oversold territory on April 09, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 12 similar instances when the indicator left oversold territory. In of the 12 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 17, 2025. You may want to consider a long position or call options on FTSL as a result. In of 75 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 FTSL just turned positive on April 16, 2025. Looking at past instances where FTSL's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .
FTSL moved above its 50-day moving average on April 23, 2025 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 FTSL advanced for three days, in of 343 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 Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
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 % |
| FFICX | 55.30 | 0.38 | +0.69% |
| American Funds Invmt Co of Amer F3 | |||
| DAVPX | 34.49 | 0.17 | +0.50% |
| Davenport Core Leaders Fund | |||
| TSQIX | 11.71 | 0.04 | +0.34% |
| AMG TimesSquare Small Cap Growth I | |||
| IHOAX | 19.60 | 0.03 | +0.15% |
| Hartford International Opportunities A | |||
| CVFYX | 14.46 | -0.03 | -0.21% |
| Pioneer Disciplined Value Y | |||
FTSL and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FTSL has been closely correlated with LONZ. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if FTSL jumps, then LONZ could also see price increases.
| Ticker / NAME | Correlation To FTSL | 1D Price Change % | ||
|---|---|---|---|---|
| FTSL | 100% | +0.13% | ||
| LONZ - FTSL | 76% Closely correlated | +0.18% | ||
| TFLR - FTSL | 74% Closely correlated | -0.02% | ||
| PFRL - FTSL | 72% Closely correlated | +0.12% | ||
| SEIX - FTSL | 69% Closely correlated | +0.04% | ||
| CLOZ - FTSL | 67% Closely correlated | -0.30% | ||
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