FIRST TRUST MULTI CAP GROWTH (FAD) Stock Technical Analysis
NASDAQ:FAD - Nasdaq - US33733F1012 - ETF - Currency: USD
Overall FAD gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FAD is showing a nice and steady performance.
Warning: FAD has an average volume of 13638 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that FAD is one of the better performing stocks in the market, outperforming 77% of all stocks.
FAD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FAD is lagging the market slightly.
In the last month FAD has a been trading in a tight range between 136.97 and 143.63.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, FAD also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 141.72, a Stop Loss order could be placed below this zone.
More info and screens
113.46
151.81
When analyzing the support we can see 3 important areas.
- A support zone ranging from 136.40 to 141.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @120.19 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 2 important areas.
- Resistance @147.16 from a horizontal line in the daily time frame.
- 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.
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 FAD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FAD is up. |
| ChartMill Relative Strength | 77.13 | POSITIVE | FAD has a high relative strength, it outperformed 77.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FAD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FAD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FAD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.56 | NEUTRAL | The RSI value for FAD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests FAD has a negative trend. |
| Stochastics (14,3) | 84.01 | OVERBOUGHT | The high Stochastics value suggests FAD may be overbought. |
| Average True Range in percent/ATR (20) | 0.86 | LOW VOLATILITY | The low ATR as a percentage value for FAD suggests low volalility. |
| Average Directional Index/ADX (14) | 28.54 | POSITIVE | The high ADX value value for FAD suggests a strong 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 |
|---|---|---|---|
| 143.64 | 138.11 | 5.53 (3.85%) | 25.00% |
| An entry @143.64. This is a Buy Stop order right above the 10 day high. | An exit @138.11. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.53 points, which is 3.85%. | For a 0.96% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
NASDAQ:FAD (6/10/2025, 8:00:02 PM)
141.73
-0.61 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.43%
1 Week0.37%
2 Weeks1.29%
1 Month3.05%
3 Month9.76%
6 Month-2.34%
12 Month16.76%
2 Year34.31%
3 Year54.82%
5 Year81.84%
10 Year177.68%
15 Year497.77%
Volatility
ATR(14)1.31
ATR(20)%0.86%
ATR Inc12.37%
Range Today1.4
ADR(20)0.95
ADR(20)%0.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.13
Mansfield0.02
10 Day High143.63
10 Day Low138.12
20 Day High143.63
20 Day Low136.97
52 Week High150.37
52 Week Low113.03
CS1 End141.72
CR1 Start147.16
Volume & EV
DER(3)-0.14%
DER(5)-1.24%
Volume4.30K
Volume Incr-51.24%
Vol(5)4.72K
Vol(50)13.64K