FXZ First Trust Materials AlphaDEX® ETF Forecast, Technical & Fundamental Analysis

FXZ in upward trend: price may jump up because it broke its lower Bollinger Band on February 07, 2025

FXZ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 33 cases where FXZ's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on February 18, 2025. You may want to consider a long position or call options on FXZ as a result. In of 81 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 FXZ just turned positive on February 14, 2025. Looking at past instances where FXZ's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

FXZ moved above its 50-day moving average on February 14, 2025 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 FXZ advanced for three days, in of 325 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 FXZ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .