FMED's Indicator enters downward trend
The Aroon Indicator for FMED entered a downward trend on April 10, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 60 similar instances where the Aroon Indicator formed such a pattern. In of the 60 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FMED declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where FMED's RSI Oscillator exited the oversold zone, of 13 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on FMED as a result. In of 31 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 FMED just turned positive on April 15, 2025. Looking at past instances where FMED's MACD turned positive, the stock continued to rise in of 16 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 FMED advanced for three days, in of 109 cases, the price rose further within the following month. The odds of a continued upward trend are .
FMED may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category Health
FMED and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FMED has been closely correlated with IBB. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if FMED jumps, then IBB could also see price increases.
| Ticker / NAME | Correlation To FMED | 1D Price Change % | ||
|---|---|---|---|---|
| FMED | 100% | +0.13% | ||
| IBB - FMED | 82% Closely correlated | -0.79% | ||
| VHT - FMED | 82% Closely correlated | +0.41% | ||
| XBI - FMED | 81% Closely correlated | -0.79% | ||
| IHI - FMED | 80% Closely correlated | +0.49% | ||
| XLV - FMED | 76% Closely correlated | +0.48% |