FXZ First Trust Materials 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® Materials Index... Show more
FXZ in downward trend: 10-day moving average broke below 50-day moving average on March 03, 2025
The 10-day moving average for FXZ crossed bearishly below the 50-day moving average on March 03, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 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 .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on February 21, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on FXZ as a result. In of 80 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 FXZ turned negative on February 21, 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 .
FXZ moved below its 50-day moving average on February 21, 2025 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 FXZ 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 FXZ entered a downward trend on March 03, 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 Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FXZ advanced for three days, in of 325 cases, the price rose further within the following month. The odds of a continued upward trend are .
FXZ 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 NaturalResources
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| AMADX | 36.82 | N/A | N/A |
| American Century Discplnd Cor Val A | |||
| CMGSX | 36.01 | N/A | N/A |
| BlackRock Mid-Cap Growth Equity Svc | |||
| ERBAX | 18.07 | N/A | N/A |
| Eaton Vance RBA Equity Strategy Fd Cl A | |||
| JEASX | 15.74 | -0.10 | -0.63% |
| Janus Henderson Global Sust Eq A | |||
| GGESX | 22.39 | -0.21 | -0.93% |
| Nationwide Global Sust Eq Instl Svc | |||
FXZ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FXZ has been closely correlated with VAW. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if FXZ jumps, then VAW could also see price increases.