SMI 3FOURTEEN FC TREND ETF (FCTE) Stock Technical Analysis
USA - NASDAQ:FCTE - US26923N5124 - ETF
We assign a technical rating of 0 out of 10 to FCTE. FCTE'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.
FCTE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 24.59. Right above this resistance zone may be a good entry point.
More info and screens
24.14
We can see 2 important resistance areas.
- A resistance zone ranging from 24.59 to 25.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.78 to 27.75. This zone is formed by a combination of multiple trend lines and important moving averages 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 FCTE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FCTE is down. |
| ChartMill Relative Strength | 29.52 | NEGATIVE | FCTE has a low relative strength, it was outperformed by 70.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FCTE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FCTE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FCTE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.22 | OVERSOLD | The low RSI value suggests FCTE may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FCTE has a negative trend. |
| Stochastics (14,3) | 11.01 | OVERSOLD | The low Stochastics value suggests FCTE may be oversold. |
| Average True Range in percent/ATR (20) | 1.08 | LOW VOLATILITY | The low ATR as a percentage value for FCTE suggests low volalility. |
| Average Directional Index/ADX (14) | 44.2 | POSITIVE | The high ADX value value for FCTE suggests a strong trend. |
24.38
+0.07 (+0.29%)
SMI 3FOURTEEN FC TREND ETF / FCTE FAQ
What is the ChartMill technical rating of SMI 3FOURTEEN FC TREND ETF (FCTE) stock?
ChartMill assigns a technical rating of 0 / 10 to FCTE.
What is the current trend direction of SMI 3FOURTEEN FC TREND ETF (FCTE) stock?
The current trend direction for SMI 3FOURTEEN FC TREND ETF (FCTE) is Bearish.
What is the RSI signal for FCTE stock?
SMI 3FOURTEEN FC TREND ETF (FCTE) has an RSI value of 27.2158. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for SMI 3FOURTEEN FC TREND ETF?
The buy/sell signal for SMI 3FOURTEEN FC TREND ETF (FCTE) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for SMI 3FOURTEEN FC TREND ETF (FCTE) stock?
SMI 3FOURTEEN FC TREND ETF (FCTE) has a resistance level at 24.59. Check the full technical report for our detailed analysis of FCTE support and resistance levels.