FXL First Trust Technology AlphaDEX® ETF Forecast, Technical & Fundamental Analysis
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant® Technology Index... Show more
Momentum Indicator for FXL turns negative, indicating new downward trend
FXL saw its Momentum Indicator move below the 0 level on March 28, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 82 similar instances where the indicator turned negative. In of the 82 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for FXL turned negative on April 03, 2025. 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 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FXL 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 FXL entered a downward trend on April 09, 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.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where FXL's RSI Oscillator exited the oversold zone, of 17 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 54 cases where FXL's Stochastic Oscillator exited the oversold zone 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 FXL advanced for three days, in of 349 cases, the price rose further within the following month. The odds of a continued upward trend are .
FXL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category Technology
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| PMPCX | 13.65 | N/A | N/A |
| Putnam Sustainable Future C | |||
| CSUAX | 23.10 | N/A | N/A |
| Cohen & Steers Global Infrastructure A | |||
| FNFWX | 74.18 | N/A | N/A |
| American Funds New World 529-F-2 | |||
| TGIRX | 27.24 | -0.09 | -0.33% |
| Thornburg International Equity R6 | |||
| BTLSX | 7.40 | -0.28 | -3.65% |
| Baillie Gifford Intl Concntr Gr EqsInstl | |||
FXL and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FXL has been closely correlated with FTEC. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if FXL jumps, then FTEC could also see price increases.
| Ticker / NAME | Correlation To FXL | 1D Price Change % | ||
|---|---|---|---|---|
| FXL | 100% | -4.97% | ||
| FTEC - FXL | 95% Closely correlated | -4.78% | ||
| VGT - FXL | 95% Closely correlated | -4.50% | ||
| IYW - FXL | 94% Closely correlated | -4.58% | ||
| XLK - FXL | 94% Closely correlated | -4.66% | ||
| CHAT - FXL | 89% Closely correlated | -5.56% | ||
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