SDVY Stock First Trust SMID Cp Rising Div Achv ETF (SDVY, $38.72) RSI Indicator left the overbought zone on November 12, 2024

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SDVY - First Trust SMID Cp Rising Div Achv ETF

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Odds of DOWN Trend

Price: $38.72

Daily change: -$0.39 (-1%)

Daily volume: 2.7M

Net Assets: $7.1B

SDVY's RSI Oscillator recovers from overbought zone

The 10-day RSI Oscillator for SDVY moved out of overbought territory on November 12, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 42 instances where the indicator moved out of the overbought zone. In of the 42 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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

SDVY broke above its upper Bollinger Band on November 06, 2024. 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.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 05, 2024. You may want to consider a long position or call options on SDVY as a result. In of 85 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 SDVY just turned positive on November 06, 2024. Looking at past instances where SDVY's MACD turned positive, the stock continued to rise in of 54 cases 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 SDVY advanced for three days, in of 327 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 333 cases where SDVY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .