FIRST TRUST EXCHANGE-TRADED (FCEF) Technical Analysis
NASDAQ:FCEF • US33740F4090
Current stock price
FCEF Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to FCEF. Although FCEF is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: FCEF has an average volume of 14976 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- FCEF is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When comparing the performance of all stocks over the past year, FCEF turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
- In the last month FCEF has a been trading in a tight range between 22.54 and 23.57.
- Considerably lower volume is observed in the last couple of days.
FCEF Weekly and Daily overview Charts
FCEF Setup Rating and Analysis
FCEF has an average technical rating and it also does not offer a high quality setup 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
FCEF Support and Resistance Analysis
21.81
When analyzing the support we can see 2 important areas.
- A support zone ranging from 23.13 to 23.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.03 to 22.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 23.79 to 23.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
FCEF Technical Indicator Signal Analysis
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 FCEF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FCEF is up. |
| ChartMill Relative Strength | 50.88 | NEUTRAL | FCEF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FCEF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FCEF is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FCEF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.75 | NEUTRAL | The RSI value for FCEF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests FCEF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.35 | OVERBOUGHT | The high Stochastics value suggests FCEF may be overbought. |
| Average True Range in percent/ATR (20) | 0.7 | LOW VOLATILITY | The low ATR as a percentage value for FCEF suggests low volalility. |
| Average Directional Index/ADX (14) | 17.05 | NEGATIVE | The low ADX value for FCEF suggests a weak or negative trend. |
FCEF Chart- and CandleStick Pattern Analysis
FCEF Technicals: Chart, Performance Metrics, Trend & Indicators
23.77
+0.27 (+1.15%)
FIRST TRUST EXCHANGE-TRADED / FCEF TA FAQ
Can you provide the ChartMill technical rating for FIRST TRUST EXCHANGE-TRADED?
ChartMill assigns a technical rating of 6 / 10 to FCEF.
What is the current trend direction of FIRST TRUST EXCHANGE-TRADED (FCEF) stock?
The current trend direction for FIRST TRUST EXCHANGE-TRADED (FCEF) is Bullish.
Can you provide the RSI signal for FIRST TRUST EXCHANGE-TRADED?
FIRST TRUST EXCHANGE-TRADED (FCEF) has an RSI value of 61.7536. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FIRST TRUST EXCHANGE-TRADED?
The MACD indicator for FIRST TRUST EXCHANGE-TRADED (FCEF) has a value of 0.0266482, indicating a bearish trend.
Can you provide the support and resistance levels for FIRST TRUST EXCHANGE-TRADED?
FIRST TRUST EXCHANGE-TRADED (FCEF) has a support level at 23.44 and a resistance level at 23.79. Check the full technical report for our detailed analysis of FCEF support and resistance levels.