RDVI FT Vest Ris Div Ach Trg Inc ETF Forecast, Technical & Fundamental Analysis

RDVI in upward trend: price rose above 50-day moving average on January 15, 2025

RDVI moved above its 50-day moving average on January 15, 2025 date and that indicates a change from a downward trend to an upward trend. In of 20 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for RDVI just turned positive on February 19, 2025. Looking at past instances where RDVI's MACD turned positive, the stock continued to rise in of 19 cases over the following month. The odds of a continued upward trend are .

The 10-day moving average for RDVI crossed bullishly above the 50-day moving average on January 24, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 10 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 RDVI advanced for three days, in of 141 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

The Aroon Indicator entered an Uptrend today. In of 160 cases where RDVI 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 10-day RSI Indicator for RDVI moved out of overbought territory on January 31, 2025. 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 20 similar instances where the indicator moved out of overbought territory. In of the 20 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.

The Momentum Indicator moved below the 0 level on February 20, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on RDVI as a result. In of 32 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 RDVI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .