FAD First Trust Multi Cap Gr AlphaDEX® ETF Forecast, Technical & Fundamental Analysis

FAD in -0.37% downward trend, declining for three consecutive days on February 07, 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 FAD declined for three days, in of 269 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 entered the overbought zone. Expect a price pull-back in the foreseeable future.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on February 05, 2025. You may want to consider a long position or call options on FAD as a result. In of 76 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 FAD just turned positive on February 13, 2025. Looking at past instances where FAD's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

FAD moved above its 50-day moving average on January 28, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for FAD crossed bullishly above the 50-day moving average on January 28, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 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 FAD advanced for three days, in of 361 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 384 cases where FAD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .