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FIRST TRUST MULTI CAP GROWTH (FAD) Stock Technical Analysis

NASDAQ:FAD - Nasdaq - US33733F1012 - ETF - Currency: USD

147.89  +1.31 (+0.89%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to FAD. Although FAD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Warning: FAD has an average volume of 7122 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.
FAD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month FAD has a been trading in the 139.43 - 148.03 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that FAD is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
FIRST TRUST MULTI CAP GROWTH / FAD Weekly stock chart
FIRST TRUST MULTI CAP GROWTH / FAD Daily stock chart
Setup Rating and Analysis

3

Although FAD has an excellent technical rating, it 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.

Support and Resistance Analysis

113.46

151.81

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 143.11 to 147.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 137.20 to 139.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @121.15 from a trend line in the weekly time frame.
  • Support @114.61 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 149.92 to 150.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for FAD is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for FAD is up.
ChartMill Relative Strength76.12POSITIVEFAD has a high relative strength, it outperformed 76.12% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of FAD is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of FAD is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of FAD is above the rising SMA(200).
Relative Strength Index/RSI (14)70.35OVERBOUGHTThe high RSI value suggests FAD may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.28POSITIVEThe MACD value suggests FAD has a positive trend.
Stochastics (14,3)94.07OVERBOUGHTThe high Stochastics value suggests FAD may be overbought.
Average True Range in percent/ATR (20)0.97LOW VOLATILITYThe low ATR as a percentage value for FAD suggests low volalility.
Average Directional Index/ADX (14)23.39NEUTRALThe ADX value for FAD suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
FIRST TRUST MULTI CAP GROWTH / FAD Daily stock chart

FIRST TRUST MULTI CAP GROWTH

NASDAQ:FAD (7/3/2025, 1:30:01 PM)

147.89

+1.31 (+0.89%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.89%
1 Week2.14%
2 Weeks4.98%
1 Month4.75%
3 Month26.42%
6 Month4.99%
12 Month20.15%
2 Year35.23%
3 Year45.5%
5 Year78.24%
10 Year183.26%
15 Year492.98%
Volatility
ATR(14)1.5
ATR(20)%0.97%
ATR Inc-13.58%
Range Today0.57
ADR(20)1.02
ADR(20)%0.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.12
Mansfield0.05
10 Day High148.04
10 Day Low140.01
20 Day High148.04
20 Day Low139.43
52 Week High150.37
52 Week Low113.03
CS1 End144.33
CR1 Start147.16
Volume & EV
DER(3)0%
DER(5)0.4%
Volume2.14K
Volume Incr-39.41%
Vol(5)4.05K
Vol(50)7.12K