FTSM First Trust Enhanced Short Maturity ETF Forecast, Technical & Fundamental Analysis
FTSM in +0.07% Uptrend, growing for three consecutive days on December 30, 2024
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where FTSM advanced for three days, in of 320 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for FTSM just turned positive on December 31, 2024. Looking at past instances where FTSM's MACD turned positive, the stock continued to rise in of 54 cases over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 766 cases where FTSM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
FTSM broke above its upper Bollinger Band on December 30, 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.
General Information
Category UltrashortBond
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| AIEQ | 41.01 | 0.43 | +1.05% |
| Amplify AI Powered Equity ETF | |||
| QLC | 67.99 | 0.71 | +1.05% |
| FlexShares US Quality Large Cap ETF | |||
| ZROZ | 67.66 | 0.14 | +0.21% |
| PIMCO 25+ Year Zero Coupon US Trs ETF | |||
| TFJL | 19.92 | 0.03 | +0.13% |
| Innovator 20+ Yr Trsy Bd 5 Fl ETF™ Qutly | |||
| SZK | 13.28 | -0.17 | -1.27% |
| ProShares UltraShort Consumer Staples | |||
FTSM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FTSM has been closely correlated with VUSB. These tickers have moved in lockstep 70% of the time. This A.I.-generated data suggests there is a high statistical probability that if FTSM jumps, then VUSB could also see price increases.
| Ticker / NAME | Correlation To FTSM | 1D Price Change % | ||
|---|---|---|---|---|
| FTSM | 100% | +0.03% | ||
| VUSB - FTSM | 70% Closely correlated | N/A | ||
| JPST - FTSM | 65% Loosely correlated | +0.02% | ||
| MINT - FTSM | 44% Loosely correlated | +0.05% | ||
| SGOV - FTSM | 34% Loosely correlated | +0.05% | ||
| BILZ - FTSM | 26% Poorly correlated | +0.06% | ||
More | ||||