FTLS First Trust Long/Short Equity ETF Forecast, Technical & Fundamental Analysis
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Momentum Indicator for FTLS turns positive, indicating new upward trend
FTLS saw its Momentum Indicator move above the 0 level on January 22, 2026. 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 99 similar instances where the indicator turned positive. In of the 99 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 FTLS just turned positive on January 26, 2026. Looking at past instances where FTLS's MACD turned positive, the stock continued to rise in of 56 cases over the following month. The odds of a continued upward trend are .
FTLS moved above its 50-day moving average on January 22, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FTLS advanced for three days, in of 328 cases, the price rose further within the following month. The odds of a continued upward trend are .
FTLS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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 FTLS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for FTLS entered a downward trend on January 29, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
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General Information
Category LongShort
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| DMAT | 33.31 | 1.65 | +5.21% |
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| IAPR | 31.30 | N/A | -0.01% |
| Innovator Intl Dev Pwr Bffr ETF Apr | |||
| MYCL | 24.97 | N/A | -0.02% |
| State Street® My2032 Corporate Bond ETF | |||
| JHML | 81.76 | -0.45 | -0.54% |
| JHancock Multifactor Large Cap ETF | |||
| CGGE | 32.48 | -0.33 | -1.01% |
| Capital Group Global Equity ETF | |||
FTLS and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FTLS has been closely correlated with ADME. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if FTLS jumps, then ADME could also see price increases.
| Ticker / NAME | Correlation To FTLS | 1D Price Change % | ||
|---|---|---|---|---|
| FTLS | 100% | -0.64% | ||
| ADME - FTLS | 76% Closely correlated | -0.58% | ||
| CLSE - FTLS | 71% Closely correlated | -0.28% | ||
| HTUS - FTLS | 67% Closely correlated | -0.73% | ||
| RSEE - FTLS | 65% Loosely correlated | -0.66% | ||
| IDUB - FTLS | 61% Loosely correlated | +0.50% | ||
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