FIRST TRUST EXCHANGE-TRADED (FCEF) Stock Technical Analysis
NASDAQ:FCEF - Nasdaq - US33740F4090 - ETF - Currency: USD
Overall FCEF gets a technical rating of 6 out of 10. FCEF has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: FCEF has an average volume of 8422 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
FCEF is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FCEF is performing more or less in line with the market.
When compared to the yearly performance of all other stocks, FCEF outperforms 55% of them, which is more or less in line with the market.
In the last month FCEF has a been trading in a tight range between 21.34 and 22.00.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, FCEF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 21.91, a Stop Loss order could be placed below this zone.
More info and screens
19.25
22.79
3 important support areas can be observed.
- A support zone ranging from 21.19 to 21.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.04 to 20.33. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 19.44 to 19.63. 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 22.29 to 22.56. 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 | NEUTRAL | NEUTRAL | The long term trend for FCEF is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FCEF is up. |
| ChartMill Relative Strength | 55.02 | 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) | 62.25 | NEUTRAL | The RSI value for FCEF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FCEF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.9 | OVERBOUGHT | The high Stochastics value suggests FCEF may be overbought. |
| Average True Range in percent/ATR (20) | 0.82 | LOW VOLATILITY | The low ATR as a percentage value for FCEF suggests low volalility. |
| Average Directional Index/ADX (14) | 19.45 | NEGATIVE | The low ADX value for FCEF suggests a weak or negative 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)
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 |
|---|---|---|---|
| 22.01 | 21.33 | 0.68 (3.09%) | 25.00% |
| An entry @22.01. This is a Buy Stop order right above the 10 day high. | An exit @21.33. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.68 points, which is 3.09%. | For a 0.77% 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:FCEF (6/5/2025, 8:00:02 PM)
21.93
-0.04 (-0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.18%
1 Week0.78%
2 Weeks2.24%
1 Month2.91%
3 Month0.6%
6 Month-2.68%
12 Month4.23%
2 Year13.39%
3 Year11.04%
5 Year16.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%0.82%
ATR Inc-32.75%
Range Today0.13
ADR(20)0.15
ADR(20)%0.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.02
Mansfield-0.26
10 Day High22
10 Day Low21.34
20 Day High22
20 Day Low21.34
52 Week High22.64
52 Week Low18.85
CS1 End21.91
CR1 Start22.29
Volume & EV
DER(3)0.43%
DER(5)0.56%
Volume4.10K
Volume Incr-35.56%
Vol(5)5.30K
Vol(50)8.42K