MENU

NXTG Stock First Trust IndXX NextG ETF (NXTG, $86.47) Aroon Indicator entered an Uptrend on December 17, 2024.

A.I.dvisor
at Tickeron.com
Loading...
NXTG - First Trust IndXX NextG ETF
Aroon signal
Bullish Trend
Odds of UP Trend
Tickeron
Aroon signal
Price: $86.47
Daily change: -$0.74 (-0.85%)
Daily volume: 6.8K
Net Assets: $375.6M
Over the last three days, A.I.dvisor has detected that NXTG's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. A.I.dvisor backtested this indicator and found 314 similar cases, of which were successful. Based on this data, the odds of success are

NXTG in -0.98% downward trend, sliding for three consecutive days on December 17, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where NXTG declined for three days, in of 272 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for NXTG moved out of overbought territory on December 10, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 44 similar instances where the indicator moved out of overbought territory. In of the 44 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 26, 2024. You may want to consider a long position or call options on NXTG as a result. In of 76 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 NXTG just turned positive on November 25, 2024. Looking at past instances where NXTG's MACD turned positive, the stock continued to rise in of 38 cases over the following month. The odds of a continued upward trend are .

NXTG moved above its 50-day moving average on December 11, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for NXTG crossed bullishly above the 50-day moving average on December 09, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NXTG advanced for three days, in of 338 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 314 cases where NXTG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

View a ticker or compare two or three
NXTG
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Category Technology

Profile
Fundamentals
Details
Category
Technology
Address
First Trust Exchange-Traded Fund II12o East Liberty Drive, Suite 400Wheaton
Phone
630-241-4141
Web
www.ftportfolios.com