FIRST TRUST NASDAQ LUX DIGIT (EKG) Stock Technical Analysis
NASDAQ:EKG - Nasdaq - US33719L1061 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to EKG. In the past year, EKG was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Warning: EKG has an average volume of 2022 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
EKG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the performance of all stocks over the past year, EKG turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
EKG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EKG is lagging the market slightly.
EKG has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.32
18.95
When analyzing the support we notice one important area.
- A support zone ranging from 14.46 to 14.67. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 16.52 to 16.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 16.84 to 16.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 18.39 to 18.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for EKG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EKG is up. |
| ChartMill Relative Strength | 42.05 | NEUTRAL | EKG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EKG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EKG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EKG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.79 | NEUTRAL | The RSI value for EKG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests EKG has a negative trend. |
| Stochastics (14,3) | 13.13 | OVERSOLD | The low Stochastics value suggests EKG may be oversold. |
| Average True Range in percent/ATR (20) | 1.19 | LOW VOLATILITY | The low ATR as a percentage value for EKG suggests low volalility. |
| Average Directional Index/ADX (14) | 19.26 | NEGATIVE | The low ADX value for EKG 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)
NASDAQ:EKG (5/23/2025, 9:29:51 PM)
16.3703
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-4.26%
2 Weeks-1.03%
1 Month3.87%
3 Month-7.82%
6 Month-5.59%
12 Month1.46%
2 Year-2.56%
3 Year5.44%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%1.19%
ATR Inc-71.16%
Range Today0
ADR(20)0.05
ADR(20)%0.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.05
Mansfield-0.34
10 Day High17.31
10 Day Low16.37
20 Day High17.31
20 Day Low15.76
52 Week High18.84
52 Week Low13.87
CS1 End14.67
CR1 Start16.52
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-93.86%
Vol(5)260
Vol(50)2.02K