FIRST TRUST CALIFORNIA MUNIC (FCAL) Stock Technical Analysis
USA - NASDAQ:FCAL - US33739P8639 - ETF
We assign a technical rating of 7 out of 10 to FCAL. Although FCAL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, FCAL 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 49.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 49.28, a Stop Loss order could be placed below this zone.
More info and screens
46.70
We found 1 important support area.
- A support zone ranging from 47.17 to 49.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 49.44 to 50.52. 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 FCAL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FCAL is up. |
| ChartMill Relative Strength | 43.42 | NEUTRAL | FCAL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FCAL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FCAL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FCAL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 73.28 | OVERBOUGHT | The high RSI value suggests FCAL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FCAL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.31 | OVERBOUGHT | The high Stochastics value suggests FCAL may be overbought. |
| Average True Range in percent/ATR (20) | 0.32 | LOW VOLATILITY | The low ATR as a percentage value for FCAL suggests low volalility. |
| Average Directional Index/ADX (14) | 36.35 | POSITIVE | The high ADX value value for FCAL suggests a strong 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 |
|---|---|---|---|
| 49.45 | 49.03 | 0.42 (0.85%) | 25.00% |
| An entry @49.45. This is a Buy Stop order right above the 10 day high. | An exit @49.03. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.42 points, which is 0.85%. | For a 0.21% 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:FCAL (10/24/2025, 8:22:32 PM)
49.365
+0.02 (+0.04%)
FIRST TRUST CALIFORNIA MUNIC / FCAL FAQ
Can you provide the ChartMill technical rating for FIRST TRUST CALIFORNIA MUNIC?
ChartMill assigns a technical rating of 7 / 10 to FCAL.
What is the trend direction for FCAL stock?
The current trend direction for FIRST TRUST CALIFORNIA MUNIC (FCAL) is Bullish.
Can you provide the RSI signal for FIRST TRUST CALIFORNIA MUNIC?
FIRST TRUST CALIFORNIA MUNIC (FCAL) has an RSI value of 73.2823. This indicates that the stock is currently overbought.
Can you provide the short term momentum for FIRST TRUST CALIFORNIA MUNIC?
The short term momentum for FIRST TRUST CALIFORNIA MUNIC (FCAL) is positive.
What are the support and resistance levels for FIRST TRUST CALIFORNIA MUNIC (FCAL) stock?
FIRST TRUST CALIFORNIA MUNIC (FCAL) has a support level at 49.28 and a resistance level at 49.44. Check the full technical report for our detailed analysis of FCAL support and resistance levels.