Taking everything into account, FAN scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FAN is showing a nice and steady performance.
FAN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 20.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.40, a Stop Loss order could be placed below this zone.
More info and screens
17.61
We found 5 important support areas.
- A support zone ranging from 19.67 to 20.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.20 from a horizontal line in the weekly time frame.
- Support @18.80 from a trend line in the daily time frame.
- Support @18.18 from a horizontal line in the daily time frame.
- Support @17.79 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.54 to 20.82. 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 | 85.8 | POSITIVE | FAN has a high relative strength, it outperformed 85.8% 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) | 59.32 | NEUTRAL | The RSI value for FAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests FAN has a positive trend. |
| Stochastics (14,3) | 79.39 | NEUTRAL | The Stochastics value for FAN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.08 | LOW VOLATILITY | The low ATR as a percentage value for FAN suggests low volalility. |
| Average Directional Index/ADX (14) | 11.08 | NEGATIVE | The low ADX value for FAN suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 20.83 | 20.01 | 0.82 (3.92%) | 25.00% |
| An entry @20.83. This is a Buy Stop order right above the resistance zone. | An exit @20.01. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.82 points, which is 3.92%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.98%. |
- 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.
NYSEARCA:FAN (12/23/2025, 8:04:00 PM)
20.525
+0.13 (+0.61%)
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 10 / 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 59.3205. 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 positive.
What is the support and resistance level for FAN stock?
FIRST TRUST GLOBAL WIND ENER (FAN) has a support level at 20.4 and a resistance level at 20.54. Check the full technical report for our detailed analysis of FAN support and resistance levels.