FIRST TRUST NATURAL GAS ETF (FCG) Stock Technical Analysis
NYSEARCA:FCG - NYSE Arca - US33733E8075 - ETF - Currency: USD
Taking everything into account, FCG scores 2 out of 10 in our technical rating. FCG'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.
61% of all other stocks performed better in the past year than FCG.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
FCG 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 FCG is lagging the market slightly.
In the last month FCG has a been trading in the 22.69 - 24.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of FCG is bad and it also does not present a 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
22.48
27.16
When analyzing the support we notice one important area.
- Support @22.71 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 23.11 to 23.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.34 to 24.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 24.93 to 25.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.11 from a trend line in the weekly time frame.
- Resistance @26.89 from a horizontal line in the weekly time frame.
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 FCG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FCG is neutral. |
| ChartMill Relative Strength | 39.82 | NEUTRAL | FCG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FCG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FCG is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FCG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.53 | NEUTRAL | The RSI value for FCG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FCG has a negative trend. |
| Stochastics (14,3) | 52.78 | NEUTRAL | The Stochastics value for FCG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for FCG suggests some volalility. |
| Average Directional Index/ADX (14) | 11.67 | NEGATIVE | The low ADX value for FCG 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)
22.92
-0.77 (-3.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.25%
1 Week-2.22%
2 Weeks-2.39%
1 Month-2.18%
3 Month6.36%
6 Month-7.84%
12 Month-5.72%
2 Year-13.57%
3 Year-13.35%
5 Year204.79%
10 Year-34.51%
15 Year-69.32%
Volatility
ATR(14)0.53
ATR(20)%2.33%
ATR Inc44.39%
Range Today0.73
ADR(20)0.5
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.82
Mansfield-1.06
10 Day High24.25
10 Day Low22.69
20 Day High24.25
20 Day Low22.69
52 Week High27.17
52 Week Low18.81
CS1 End22.71
CR1 Start23.11
Volume & EV
DER(3)-9.91%
DER(5)-6.29%
Volume268.30K
Volume Incr-16.43%
Vol(5)311.24K
Vol(50)385.14K