TFLR T. Rowe Price Floating Rate ETF Forecast, Technical & Fundamental Analysis
The investment seeks high current income and, secondarily, capital appreciation... Show more
Momentum Indicator for TFLR turns positive, indicating new upward trend
TFLR saw its Momentum Indicator move above the 0 level on April 25, 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 32 similar instances where the indicator turned positive. In of the 32 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 TFLR just turned positive on April 17, 2025. Looking at past instances where TFLR's MACD turned positive, the stock continued to rise in of 17 cases over the following month. The odds of a continued upward trend are .
TFLR moved above its 50-day moving average on April 24, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for TFLR crossed bullishly above the 50-day moving average on May 01, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 2 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 TFLR advanced for three days, in of 158 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 344 cases where TFLR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
General Information
Category BankLoan
TFLR and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, TFLR has been loosely correlated with OXLC. These tickers have moved in lockstep 58% of the time. This A.I.-generated data suggests there is some statistical probability that if TFLR jumps, then OXLC could also see price increases.
| Ticker / NAME | Correlation To TFLR | 1D Price Change % | ||
|---|---|---|---|---|
| TFLR | 100% | +0.08% | ||
| OXLC - TFLR | 58% Loosely correlated | +0.84% | ||
| JFR - TFLR | 54% Loosely correlated | -0.24% | ||
| FLBL - TFLR | 42% Loosely correlated | +0.15% | ||
| EVLN - TFLR | 34% Loosely correlated | -0.02% | ||
| LONZ - TFLR | 30% Poorly correlated | +0.09% | ||
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