LEGR Stock First Trust Indxx Invtv Tnsctn&Prcs ETF (LEGR, $46.73) entered Uptrend as Momentum indicator ascends above 0 level on Jan 08, 2025

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LEGR - First Trust Indxx Invtv Tnsctn&Prcs ETF

Momentum signal

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Odds of UP Trend

Price: $46.73

Daily change: +$0.13 (+0.28%)

Daily volume: 3.6K

Net Assets: $86.1M

LEGR sees its Stochastic Oscillator recovers from oversold territory

On January 06, 2025, the Stochastic Oscillator for LEGR moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 54 instances where the indicator left the oversold zone. In of the 54 cases the stock moved higher in the following days. This puts the odds of a move higher at over .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 08, 2025. You may want to consider a long position or call options on LEGR as a result. In of 96 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 LEGR advanced for three days, in of 335 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

LEGR moved below its 50-day moving average on January 07, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for LEGR crossed bearishly below the 50-day moving average on December 31, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 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 LEGR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .