FTXG Stock First Trust Nasdaq Food & Beverage ETF (FTXG, $22.91) entered Uptrend as Momentum indicator ascends above 0 level on Jan 27, 2025

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FTXG - First Trust Nasdaq Food & Beverage ETF

Momentum signal

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Odds of UP Trend

Price: $22.91

Daily change: +$0.57 (+2.55%)

Daily volume: 54.7K

Net Assets: $22.4M

Momentum Indicator for FTXG turns positive, indicating new upward trend

FTXG saw its Momentum Indicator move above the 0 level on February 18, 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 87 similar instances where the indicator turned positive. In of the 87 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 FTXG just turned positive on February 11, 2025. Looking at past instances where FTXG's MACD turned positive, the stock continued to rise in of 50 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 FTXG advanced for three days, in of 299 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FTXG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

FTXG broke above its upper Bollinger Band on January 27, 2025. 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.

The Aroon Indicator for FTXG entered a downward trend on February 12, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.