FIRST TRUST GLOBAL WIND ENER (FAN) Stock Technical Analysis
USA - NYSEARCA:FAN - US33736G1067 - ETF
Overall FAN gets a technical rating of 7 out of 10. In the last year, FAN was one of the better performers, but we do observe some doubts in the very recent evolution.
Although FAN has an excellent technical rating, it does not present a decent entry opportunity 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
17.61
3 important support areas can be observed.
- A support zone ranging from 19.36 to 19.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @18.18 from a horizontal line in the daily time frame.
- Support @17.79 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 20.19 to 20.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.83 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 FAN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FAN is down. |
| ChartMill Relative Strength | 81.8 | POSITIVE | FAN has a high relative strength, it outperformed 81.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FAN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FAN is below 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) | 39.68 | NEUTRAL | The RSI value for FAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests FAN has a negative trend. |
| Stochastics (14,3) | 8.94 | OVERSOLD | The low Stochastics value suggests FAN may be oversold. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for FAN suggests low volalility. |
| Average Directional Index/ADX (14) | 18.65 | NEGATIVE | The low ADX value for FAN suggests a weak or negative trend. |
NYSEARCA:FAN (11/19/2025, 2:58:05 PM)
19.51
-0.07 (-0.36%)
FIRST TRUST GLOBAL WIND ENER / FAN FAQ
Can you provide the ChartMill technical rating for FIRST TRUST GLOBAL WIND ENER?
ChartMill assigns a technical rating of 7 / 10 to FAN.
What is the current trend direction of FIRST TRUST GLOBAL WIND ENER (FAN) stock?
The current trend direction for FIRST TRUST GLOBAL WIND ENER (FAN) is Bullish.
Can you provide the RSI signal for FIRST TRUST GLOBAL WIND ENER?
FIRST TRUST GLOBAL WIND ENER (FAN) has an RSI value of 39.6814. This indicates that the stock is currently neutral.
What is the short term momentum for FAN stock?
The short term momentum for FIRST TRUST GLOBAL WIND ENER (FAN) is negative.
What is the support and resistance level for FAN stock?
FIRST TRUST GLOBAL WIND ENER (FAN) has a support level at 19.5 and a resistance level at 20.19. Check the full technical report for our detailed analysis of FAN support and resistance levels.