FTXG Stock First Trust Nasdaq Food & Beverage ETF (FTXG, $22.39) entered Uptrend as Momentum indicator ascends above 0 level on Feb 18, 2025

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FTXG - First Trust Nasdaq Food & Beverage ETF

Momentum signal

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Odds of UP Trend

Price: $22.39

Daily change: +$0.06 (+0.29%)

Daily volume: 9.5K

Net Assets: $23.4M

Momentum Indicator for FTXG turns positive, indicating new upward trend

FTXG saw its Momentum Indicator move above the 0 level on February 18, 2025. 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 87 similar instances where the indicator turned positive. In of the 87 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for FTXG just turned positive on February 11, 2025. Looking at past instances where FTXG's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .

FTXG moved above its 50-day moving average on February 20, 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 FTXG advanced for three days, in of 301 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 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 FTXG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

FTXG broke above its upper Bollinger Band on February 20, 2025. 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.

The Aroon Indicator for FTXG entered a downward trend on February 12, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.