TDIV First Trust NASDAQ Technology Div ETF Forecast, Technical & Fundamental Analysis
TDIV sees MACD Histogram crosses below signal line
TDIV saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 05, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 48 instances where the indicator turned negative. In of the 48 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 10-day RSI Indicator for TDIV moved out of overbought territory on December 05, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 36 similar instances where the indicator moved out of overbought territory. In of the 36 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
The Momentum Indicator moved below the 0 level on December 05, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on TDIV as a result. In of 76 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 TDIV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
TDIV broke above its upper Bollinger Band on November 03, 2023. 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
TDIV moved above its 50-day moving average on November 03, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for TDIV crossed bullishly above the 50-day moving average on November 10, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 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 TDIV 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 374 cases where TDIV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category Technology
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| TPAIX | 19.61 | 0.14 | +0.72% |
| Timothy Plan Israel Common Values A | |||
| FAOCX | 27.23 | -0.03 | -0.11% |
| Fidelity Advisor® Overseas C | |||
| VGTSX | 17.91 | -0.07 | -0.39% |
| Vanguard Total Intl Stock Index Inv | |||
| THOAX | 32.03 | -0.16 | -0.50% |
| Thornburg Global Opportunities A | |||
| IFUTX | 24.48 | -0.15 | -0.61% |
| Invesco Dividend Income R6 | |||
TDIV and
Correlation & Price change
A.I.dvisor indicates that over the last year, TDIV has been closely correlated with VGT. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if TDIV jumps, then VGT could also see price increases.
| Ticker / NAME | Correlation To TDIV | 1D Price Change % | ||
|---|---|---|---|---|
| TDIV | 100% | -0.54% | ||
| VGT - TDIV | 92% Closely correlated | +0.54% | ||
| XLK - TDIV | 91% Closely correlated | +0.60% | ||
| SOXX - TDIV | 89% Closely correlated | -0.57% | ||
| IYW - TDIV | 89% Closely correlated | +0.54% | ||
| SMH - TDIV | 87% Closely correlated | N/A |