Taking everything into account, FCEF scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FCEF is only an average performer.
Besides having an excellent technical rating, FCEF also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 23.59. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.48, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
19.57
We found 3 important support areas.
When analyzing the resistance we notice one important area.
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 | 53.24 | 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) | UP | POSITIVE | The current price of FCEF is above the rising 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) | 64.73 | NEUTRAL | The RSI value for FCEF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FCEF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 81.65 | OVERBOUGHT | The high Stochastics value suggests FCEF may be overbought. |
| Average True Range in percent/ATR (20) | 0.65 | LOW VOLATILITY | The low ATR as a percentage value for FCEF suggests low volalility. |
| Average Directional Index/ADX (14) | 27.27 | POSITIVE | The high ADX value value for FCEF 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 |
|---|---|---|---|
| 23.60 | 23.33 | 0.27 (1.14%) | 25.00% |
| An entry @23.60. This is a Buy Stop order right above the resistance zone. | An exit @23.33. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.27 points, which is 1.14%. | For a 0.29% total portfolio risk, you can invest 25.00% of your capital in this trade. |
NASDAQ:FCEF (2/6/2026, 8:00:01 PM)
23.575
+0.19 (+0.81%)
ChartMill assigns a technical rating of 7 / 10 to FCEF.
The current trend direction for FIRST TRUST EXCHANGE-TRADED (FCEF) is Bullish.
FIRST TRUST EXCHANGE-TRADED (FCEF) has an RSI value of 64.7289. This indicates that the stock is currently neutral.
The MACD indicator for FIRST TRUST EXCHANGE-TRADED (FCEF) has a value of -0.00307142, indicating a bearish trend.
The short term momentum for FIRST TRUST EXCHANGE-TRADED (FCEF) is positive.