SAUG FT Vest U.S. Sm Cp Mod Buf ETF -Aug Forecast, Technical & Fundamental Analysis

SAUG in -0.57% downward trend, sliding for three consecutive days on January 27, 2025

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 SAUG declined for three days, in of 69 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

SAUG broke above its upper Bollinger Band on January 21, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for SAUG entered a downward trend on January 22, 2025. 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 Momentum Indicator moved above the 0 level on January 15, 2025. You may want to consider a long position or call options on SAUG as a result. In of 26 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for SAUG just turned positive on January 15, 2025. Looking at past instances where SAUG's MACD turned positive, the stock continued to rise in of 11 cases over the following month. The odds of a continued upward trend are .

SAUG moved above its 50-day moving average on January 21, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for SAUG crossed bullishly above the 50-day moving average on January 29, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 4 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 SAUG advanced for three days, in of 95 cases, the price rose further within the following month. The odds of a continued upward trend are .