RFEU First Trust RiverFront Dynamic Eurp ETF Forecast, Technical & Fundamental Analysis
Momentum Indicator for RFEU turns positive, indicating new upward trend
RFEU saw its Momentum Indicator move above the 0 level on January 06, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 87 similar instances where the indicator turned positive. In of the 87 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for RFEU just turned positive on January 06, 2025. Looking at past instances where RFEU's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
General Information
Category EuropeStock
RFEU and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, RFEU has been closely correlated with IEV. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if RFEU jumps, then IEV could also see price increases.
| Ticker / NAME | Correlation To RFEU | 1D Price Change % | ||
|---|---|---|---|---|
| RFEU | 100% | +1.25% | ||
| IEV - RFEU | 92% Closely correlated | +1.14% | ||
| IEUR - RFEU | 86% Closely correlated | +0.96% | ||
| VGK - RFEU | 84% Closely correlated | +0.96% | ||
| EZU - RFEU | 82% Closely correlated | +0.87% | ||
| FEZ - RFEU | 80% Closely correlated | +1.06% | ||
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