FXZ Stock Tickeron detected bullish ETF Pattern: Broadening Top on May 09, 2024

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05/14/24

Broadening Top

FXZ - First Trust Materials AlphaDEX® ETF

Emerged: 05/09/24

Confirmed: 05/10/24

Breakout: $69.86

Price: $69.64

Target price: $72.79

A.I.dvisor detected a bullish Broadening Top pattern for FXZ stock. This pattern was detected on May 09, 2024 and confirmed on May 10, 2024 . The odds of reaching the target price are 6. The Broadening Top pattern forms when the price of a security progressively makes higher highs (1, 3) and lower lows (2, 4) following two widening trend lines. Consider buying a security or call option at the upward breakout price/entry point.

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FXZ

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