LGOV First Trust Long Duration Opp ETF Forecast, Technical & Fundamental Analysis
The investment seeks to generate current income with a focus on preservation of capital... Show more
LGOV sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for LGOV moved above the 200-day moving average on April 03, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on March 28, 2025. You may want to consider a long position or call options on LGOV as a result. In of 82 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 LGOV just turned positive on April 02, 2025. Looking at past instances where LGOV's MACD turned positive, the stock continued to rise in of 53 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 LGOV advanced for three days, in of 292 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 161 cases where LGOV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where LGOV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
LGOV broke above its upper Bollinger Band on April 03, 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.
General Information
Category LongGovernment
LGOV and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, LGOV has been closely correlated with TLH. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if LGOV jumps, then TLH could also see price increases.
| Ticker / NAME | Correlation To LGOV | 1D Price Change % | ||
|---|---|---|---|---|
| LGOV | 100% | +1.20% | ||
| TLH - LGOV | 90% Closely correlated | +0.89% | ||
| SPTL - LGOV | 90% Closely correlated | +0.62% | ||
| VGLT - LGOV | 90% Closely correlated | +0.69% | ||
| TLT - LGOV | 89% Closely correlated | +0.46% | ||
| IEF - LGOV | 89% Closely correlated | +1.03% |