We assign a technical rating of 1 out of 10 to FDN. FDN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of FDN 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
210.21
We found 2 important support areas.
- A support zone ranging from 253.63 to 257.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @212.33 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 269.10 to 272.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 284.99 to 287.35. 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 FDN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FDN is down. |
| ChartMill Relative Strength | 61.88 | NEUTRAL | FDN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FDN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FDN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FDN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.29 | NEUTRAL | The RSI value for FDN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.86 | NEGATIVE | The MACD value suggests FDN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.61 | NEUTRAL | The Stochastics value for FDN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for FDN suggests some volalility. |
| Average Directional Index/ADX (14) | 30.28 | POSITIVE | The high ADX value value for FDN suggests a strong trend. |
267.67
+4.21 (+1.6%)
FIRST TRUST DJ INTERNET IND / FDN FAQ
What is the ChartMill technical rating of FIRST TRUST DJ INTERNET IND (FDN) stock?
ChartMill assigns a technical rating of 1 / 10 to FDN.
Can you provide the trend direction for FIRST TRUST DJ INTERNET IND?
The current trend direction for FIRST TRUST DJ INTERNET IND (FDN) is Bearish.
What is the RSI signal for FIRST TRUST DJ INTERNET IND (FDN) stock?
FIRST TRUST DJ INTERNET IND (FDN) has an RSI value of 45.2949. This indicates that the stock is currently neutral.
What is the short term momentum for FIRST TRUST DJ INTERNET IND (FDN) stock?
The short term momentum for FIRST TRUST DJ INTERNET IND (FDN) is negative.
What is the support and resistance level for FDN stock?
FIRST TRUST DJ INTERNET IND (FDN) has a support level at 257.44 and a resistance level at 269.1. Check the full technical report for our detailed analysis of FDN support and resistance levels.