FIRST TRUST MORN DVD LEAD IN (FDL) Stock Technical Analysis
USA - NYSEARCA:FDL - US3369171091 - ETF
Overall FDL gets a technical rating of 5 out of 10. FDL has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
FDL has an average technical rating and also the quality of the setup is only medium 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
39.04
When analyzing the support we can see 3 important areas.
- A support zone ranging from 42.40 to 43.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.97 to 41.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.43 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 43.88 to 43.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 44.60 to 44.60. 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 FDL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FDL is up. |
| ChartMill Relative Strength | 53.28 | NEUTRAL | FDL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FDL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FDL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FDL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.6 | NEUTRAL | The RSI value for FDL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests FDL has a positive trend. |
| Stochastics (14,3) | 89.69 | OVERBOUGHT | The high Stochastics value suggests FDL may be overbought. |
| Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for FDL suggests low volalility. |
| Average Directional Index/ADX (14) | 16.8 | NEGATIVE | The low ADX value for FDL suggests a weak or negative trend. |
43.7
+0.02 (+0.05%)
FIRST TRUST MORN DVD LEAD IN / FDL FAQ
What is the technical rating for FDL stock?
ChartMill assigns a technical rating of 5 / 10 to FDL.
What is the current trend direction of FIRST TRUST MORN DVD LEAD IN (FDL) stock?
The current trend direction for FIRST TRUST MORN DVD LEAD IN (FDL) is Bearish.
What is the RSI signal for FIRST TRUST MORN DVD LEAD IN (FDL) stock?
FIRST TRUST MORN DVD LEAD IN (FDL) has an RSI value of 60.6035. This indicates that the stock is currently neutral.
What is the support and resistance level for FDL stock?
FIRST TRUST MORN DVD LEAD IN (FDL) has a support level at 43.23 and a resistance level at 43.88. Check the full technical report for our detailed analysis of FDL support and resistance levels.