NXTG Stock First Trust IndXX NextG ETF (NXTG, $86.6) Moving Average Convergence Divergence (MACD) Histogram turned negative on October 3, 2024

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NXTG - First Trust IndXX NextG ETF

MACD signal

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Odds of DOWN Trend

Price: $86.6

Daily change: -$0.73 (-0.84%)

Daily volume: 7.5K

Net Assets: $384.4M

NXTG in -1.26% downward trend, declining for three consecutive days on November 15, 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 269 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on October 30, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on NXTG as a result. In of 74 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

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

The 10-day moving average for NXTG crossed bearishly below the 50-day moving average on November 04, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 12 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 .

The Aroon Indicator for NXTG entered a downward trend on November 15, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for NXTG's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NXTG advanced for three days, in of 334 cases, the price rose further within the following month. The odds of a continued upward trend are .

NXTG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.