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FTXO Stock First Trust Nasdaq Bank ETF (FTXO, $31.81) RSI Indicator left the oversold zone on December 20, 2024

A.I.dvisor
at Tickeron.com
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FTXO - First Trust Nasdaq Bank ETF
RSI signal
Bullish Trend
Odds of UP Trend
Tickeron
RSI signal
Price: $31.81
Daily change: +$0.59 (+1.88%)
Daily volume: 22.8K
Net Assets: $154.6M
This is a signal that FTXO's price could be shifting from a downtrend to an uptrend. Traders may consider buying the stock or exploring call options. A.I.dvisor looked back and found 32 similar cases where FTXO's RSI Indicator left the oversold zone, and in of them led to a successful outcome. Odds of Success:

FTXO's Stochastic Oscillator is remaining in oversold zone for 10 days

The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where FTXO's RSI Oscillator exited the oversold zone, of 32 resulted in an increase in price. Tickeron's analysis proposes that 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 FTXO advanced for three days, in of 309 cases, the price rose further within the following month. The odds of a continued upward trend are .

FTXO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 282 cases where FTXO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on FTXO as a result. In of 81 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 FTXO turned negative on December 02, 2024. 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 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .

FTXO moved below its 50-day moving average on December 18, 2024 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FTXO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

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FTXO
Daily Signalchanged days ago
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General Information

Category Financial

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Fundamentals
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Financial
Address
Wheaton
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Web
www.ftportfolios.com