RFEU Stock Tickeron detected bullish ETF Pattern: Broadening Top on January 22, 2025

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RFEU - First Trust RiverFront Dynamic Eurp ETF

Emerged: 01/22/25

Breakout: $60.75

Price: $59.93

Target price: $62.53

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.