FIRST TRUST GLOBAL WIND ENER (FAN) Stock Technical Analysis
NYSEARCA:FAN - NYSE Arca - US33736G1067 - ETF - Currency: USD
Taking everything into account, FAN scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FAN is only an average performer.
The long and short term trends are both positive. This is looking good!
FAN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so FAN is leading the market.
In the last month FAN has a been trading in the 16.57 - 18.06 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 FAN is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Although FAN 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.
More info and screens
14.20
18.25
When analyzing the support we can see 2 important areas.
- A support zone ranging from 16.47 to 16.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.34 to 14.40. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.07 to 18.07. 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 FAN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FAN is up. |
| ChartMill Relative Strength | 75.58 | POSITIVE | FAN has a high relative strength, it outperformed 75.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FAN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FAN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FAN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.45 | OVERBOUGHT | The high RSI value suggests FAN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FAN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.51 | OVERBOUGHT | The high Stochastics value suggests FAN may be overbought. |
| Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for FAN suggests low volalility. |
| Average Directional Index/ADX (14) | 38.64 | POSITIVE | The high ADX value value for FAN 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)
NYSEARCA:FAN (6/13/2025, 8:04:00 PM)
17.8979
-0.09 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.49%
1 Week1.46%
2 Weeks4.48%
1 Month6.85%
3 Month14.45%
6 Month16.83%
12 Month7.11%
2 Year2.45%
3 Year3.94%
5 Year24.38%
10 Year57.69%
15 Year82.82%
Volatility
ATR(14)0.15
ATR(20)%1.07%
ATR Inc0.6%
Range Today0.18
ADR(20)0.13
ADR(20)%0.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.58
Mansfield0.62
10 Day High18.06
10 Day Low17.09
20 Day High18.06
20 Day Low16.57
52 Week High18.15
52 Week Low13.51
CS1 End16.73
CR1 Start18.07
Volume & EV
DER(3)-5.94%
DER(5)-3.79%
Volume17.70K
Volume Incr36.4%
Vol(5)26.06K
Vol(50)39.21K