RDVY Stock Tickeron detected bearish ETF Pattern: Rectangle Bottom RDVY on March 03, 2026, netting in a 0.10% gain over 2 days

GET DAILY SIGNALS

Get AI intraday signals

RDVY - First Trust Rising Dividend Achiev ETF

Ticker: RDVY

Company: First Trust Rising Dividend Achiev ETF

Gain from shorting: +0.1%

Confirmed: 03/03/26

Succeeded: 03/05/26

Total length: 2 days

On March 03, 2026, A.I.dvisor detected a Rectangle Bottom Pattern (Bearish) for First Trust Rising Dividend Achiev ETF (RDVY, $71.13). On March 03, 2026, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On March 05, 2026, the stock hit the target price of $69.32 – resulting in a gain for traders who shorted the stock on the pattern detection date.

RDVY sees MACD Histogram just turned negative

RDVY saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on February 27, 2026. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 52 instances where the indicator turned negative. In of the 52 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on March 03, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on RDVY as a result. In of 82 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

RDVY moved below its 50-day moving average on March 03, 2026 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for RDVY crossed bearishly below the 50-day moving average on March 06, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 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 .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where RDVY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RDVY advanced for three days, in of 318 cases, the price rose further within the following month. The odds of a continued upward trend are .

RDVY 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 350 cases where RDVY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .