Maximize Returns with AI-Powered FAB Insights



AI FAB Forecast


Price Forecast:


Bearish   <->   Bullish

Bullish Case: FAB's current upward trend combined with high implied volatility suggests investor optimism. With a strong historical return potential, market conditions may favor price increases, especially if upcoming earning reports exceed expectations.

Bearish Case: A bearish sentiment may prevail if trading volumes remain low and implied volatility indicates uncertainty. Potential macroeconomic headwinds could further depress FAB's price, leading to increased selling pressure from cautious investors.

Potential Outcomes:

1. Price increases to $86 (30%).

2. Price stabilizes around $84 (25%).

3. Price declines to $81 (25%).

4. Significant volatility triggers a deeper drop below $79 (20%).

Trading Oracle: Consider executing a bullish debit spread with the FAB 09/20/2024 84.00 C and 86.00 C options. The high implied volatility suggests potential for price rise, aiming for profits from upward movement while limiting risk.

August 25, 2024


First Trust Exchange-Traded Fund III - First Trust Multi Cap Value AlphaDEX Forecast

FAB      First Trust Exchange-Traded Fund III - First Trust Multi Cap Value AlphaDEX

4 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

9 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

20 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

36 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

49 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts











Correlated Assets

Assets that tend to move strongly with FAB


VBR Forecast + Options Trading Strategies   VBR  Vanguard Small Cap Value (0.99)


MDY Forecast + Options Trading Strategies   MDY  State Street Global Advisors - S&P MidCap 400 (0.98)


RSP Forecast + Options Trading Strategies   RSP  Invesco S&P 500 Equal Weight (0.97)


TOL Forecast + Options Trading Strategies   TOL  Toll Brothers (0.97)


EWC Forecast + Options Trading Strategies   EWC  BlackRock Institutional Trust Company N.A. - iShares MSCI Canada (0.97)



Uncorrelated Assets

Assets with little price relationship to FAB


HUN Forecast + Options Trading Strategies   HUN  Huntsman (-0.0)


REPX Forecast + Options Trading Strategies   REPX  Riley Exploration Permian (0.01)


UCO Forecast + Options Trading Strategies   UCO  ProShares Ultra Bloomberg Crude Oil (-0.01)


BSY Forecast + Options Trading Strategies   BSY  Bentley Systems (0.01)


AI Forecast + Options Trading Strategies   AI  C3.ai (0.01)



Anticorrelated Assets

Assets that tend to move strongly against FAB


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.87)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.9)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.9)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.96)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.97)



Become a more profitable investor with AI optimized trading strategies





×

Chat with FAB


 Ask any question about FAB!