FYX Stock Tickeron detected bullish ETF Pattern: Triple Bottoms FYX on January 14, 2025, netting in a 3.74% gain over 2 weeks

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FYX - First Trust Small Cap Core AlphaDEX® ETF

Ticker: FYX

Company: First Trust Small Cap Core AlphaDEX® ETF

Gain: +3.74%

Confirmed: 01/14/25

Succeeded: 01/21/25

Total length: 14 days

Momentum Indicator for FYX turns positive, indicating new upward trend

FYX saw its Momentum Indicator move above the 0 level on January 15, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 90 similar instances where the indicator turned positive. In of the 90 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where FYX's RSI Indicator exited the oversold zone, of 20 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for FYX just turned positive on January 15, 2025. Looking at past instances where FYX's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 67 cases where FYX's Stochastic Oscillator exited the overbought zone, the price fell further within 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 FYX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

FYX broke above its upper Bollinger Band on January 21, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for FYX entered a downward trend on January 23, 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.