FVD First Trust Value Line® Dividend ETF Forecast, Technical & Fundamental Analysis
FVD in +0.82% Uptrend, advancing for three consecutive days on December 26, 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 FVD advanced for three days, in of 353 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where FVD's RSI Indicator exited the oversold zone, of 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 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 upward trend is expected.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 06, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on FVD as a result. In of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 FVD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for FVD entered a downward trend on January 08, 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.
General Information
Category LargeValue
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| QABA | 56.47 | 0.42 | +0.75% |
| First Trust NASDAQ® ABA Community Bk ETF | |||
| IPAC | 60.56 | 0.27 | +0.45% |
| iShares Core MSCI Pacific ETF | |||
| CEMB | 44.60 | 0.06 | +0.13% |
| iShares JP Morgan EM Corporate Bond ETF | |||
| PSCW | 26.45 | N/A | N/A |
| Pacer Swan SOS Conservative (April) ETF | |||
| CRIT | 16.71 | N/A | N/A |
| Optica Rare Earths & Critical Matrls ETF | |||
FVD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FVD has been closely correlated with IVE. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if FVD jumps, then IVE could also see price increases.