FIRST TRUST CALIFORNIA MUNIC (FCAL) Stock Technical Analysis
NASDAQ:FCAL - US33739P8639 - ETF
Taking everything into account, FCAL scores 1 out of 10 in our technical rating. FCAL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, FCAL does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 47.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 47.72, a Stop Loss order could be placed below this zone.
More info and screens
46.11
We found 1 important support area.
- A support zone ranging from 46.58 to 47.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 47.78 to 48.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | DOWN | NEGATIVE | The long term trend for FCAL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FCAL is neutral. |
| ChartMill Relative Strength | 24.76 | NEGATIVE | FCAL has a low relative strength, it was outperformed by 75.24% off all stocks 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) | DOWN | NEGATIVE | The current price of FCAL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FCAL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.09 | NEUTRAL | The RSI value for FCAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FCAL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.06 | NEUTRAL | The Stochastics value for FCAL is a neutral value. |
| 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) | 14.48 | NEGATIVE | The low ADX value for FCAL suggests a weak or negative trend. |
NASDAQ:FCAL (8/22/2025, 8:06:09 PM)
47.745
+0.15 (+0.33%)