FIRST TRUST CALIFORNIA MUNIC (FCAL) Stock Technical Analysis
NASDAQ:FCAL - Nasdaq - US33739P8639 - ETF - Currency: USD
Taking everything into account, FCAL scores 1 out of 10 in our technical rating. FCAL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
Warning: FCAL has an average volume of 26966 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, FCAL turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
FCAL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FCAL is lagging the market slightly.
In the last month FCAL has a been trading in a tight range between 47.67 and 48.28.
Although the technical rating is bad, FCAL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 47.80, a Stop Loss order could be placed below this zone.
More info and screens
46.11
51.03
When analyzing the support we notice one important area.
- A support zone ranging from 46.58 to 47.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 47.96 to 48.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 49.28 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 | DOWN | NEGATIVE | The short term trend for FCAL is down. |
| ChartMill Relative Strength | 40.48 | NEUTRAL | FCAL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FCAL is below a declining 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) | 45.95 | 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) | 44.26 | NEUTRAL | The Stochastics value for FCAL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.41 | LOW VOLATILITY | The low ATR as a percentage value for FCAL suggests low volalility. |
| Average Directional Index/ADX (14) | 22.7 | NEUTRAL | The ADX value for FCAL suggests a possible start of a new 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)
NASDAQ:FCAL (5/30/2025, 8:00:01 PM)
47.95
+0.02 (+0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.04%
1 Week0.52%
2 Weeks-0.52%
1 Month-0.46%
3 Month-3.25%
6 Month-4.5%
12 Month-2%
2 Year-1.5%
3 Year-3.13%
5 Year-6.38%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%0.41%
ATR Inc-24.84%
Range Today0.11
ADR(20)0.18
ADR(20)%0.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.48
Mansfield-0.62
10 Day High48.26
10 Day Low47.67
20 Day High48.28
20 Day Low47.67
52 Week High50.54
52 Week Low46.44
CS1 End47.8
CR1 Start47.96
Volume & EV
DER(3)1.58%
DER(5)0.38%
Volume16.40K
Volume Incr-46.99%
Vol(5)18.74K
Vol(50)26.97K