LMBS First Trust Low Duration Oppos ETF Forecast, Technical & Fundamental Analysis

LMBS in +0.23% Uptrend, rising for three consecutive days on January 29, 2025

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where LMBS advanced for three days, in of 294 cases, the price rose further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 16, 2025. You may want to consider a long position or call options on LMBS as a result. In of 93 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 LMBS just turned positive on January 16, 2025. Looking at past instances where LMBS's MACD turned positive, the stock continued to rise in of 52 cases over the following month. The odds of a continued upward trend are .

LMBS moved above its 50-day moving average on January 16, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for LMBS crossed bullishly above the 50-day moving average on January 27, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend 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 demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Aroon Indicator for LMBS entered a downward trend on January 24, 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.