FXH Stock First Trust Health Care AlphaDEX® ETF (FXH, $110.96) entered Uptrend as Momentum indicator ascends above 0 level on Oct 16, 2024

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FXH - First Trust Health Care AlphaDEX® ETF

Momentum signal

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Odds of UP Trend

Price: $110.96

Daily change: +$0.6 (+0.54%)

Daily volume: 22.4K

Net Assets: $1.2B

FXH in upward trend: price may jump up because it broke its lower Bollinger Band on October 07, 2024

FXH may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 38 cases where FXH's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where FXH's RSI Oscillator exited the oversold zone, of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on October 16, 2024. You may want to consider a long position or call options on FXH as a result. In of 97 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 FXH just turned positive on October 16, 2024. Looking at past instances where FXH's MACD turned positive, the stock continued to rise in of 45 cases over the following month. 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 FXH advanced for three days, in of 347 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

FXH moved below its 50-day moving average on October 17, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for FXH crossed bearishly below the 50-day moving average on October 04, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 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 FXH 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 FXH entered a downward trend on October 08, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.