FIRST TRUST ACTIVE FACTOR MI (AFMC) Stock Technical Analysis
NYSEARCA:AFMC - NYSE Arca - US33740F8133 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to AFMC. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AFMC is only an average performer.
Warning: AFMC has an average volume of 18903 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the performance of all stocks over the past year, AFMC turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
AFMC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AFMC is lagging the market.
In the last month AFMC has a been trading in a tight range between 31.27 and 32.91.
Considerably lower volume is observed in the last couple of days.
AFMC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 32.26, a Stop Loss order could be placed below this zone.
More info and screens
27.61
33.85
4 important support areas can be observed.
- A support zone ranging from 31.65 to 32.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.01 to 31.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @29.01 from a trend line in the weekly time frame.
- A support zone ranging from 27.89 to 28.01. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 32.42 to 32.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @33.51 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AFMC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AFMC is up. |
| ChartMill Relative Strength | 57.11 | NEUTRAL | AFMC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AFMC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AFMC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AFMC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.88 | NEUTRAL | The RSI value for AFMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests AFMC has a negative trend. |
| Stochastics (14,3) | 49.83 | NEUTRAL | The Stochastics value for AFMC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.11 | LOW VOLATILITY | The low ATR as a percentage value for AFMC suggests low volalility. |
| Average Directional Index/ADX (14) | 15.35 | NEGATIVE | The low ADX value for AFMC suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 32.43 | 31.78 | 0.65 (2.00%) | 25.00% |
| An entry @32.43. This is a Buy Stop order right above the 10 day moving average. | An exit @31.78. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.65 points, which is 2.00%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.50%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:AFMC (7/18/2025, 6:40:02 PM)
32.3569
-0.08 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.26%
1 Week-0.16%
2 Weeks-1.5%
1 Month3.21%
3 Month12.16%
6 Month-1.74%
12 Month6.75%
2 Year25.53%
3 Year40.66%
5 Year81.52%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%1.11%
ATR Inc-11.85%
Range Today0.34
ADR(20)0.34
ADR(20)%1.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.11
Mansfield-0.56
10 Day High32.89
10 Day Low31.79
20 Day High32.91
20 Day Low31.27
52 Week High35.09
52 Week Low26.73
CS1 End32.26
CR1 Start32.42
Volume & EV
DER(3)2.27%
DER(5)1.21%
Volume2.85K
Volume Incr-73.5%
Vol(5)7.43K
Vol(50)18.90K