Taking everything into account, FDN scores 0 out of 10 in our technical rating. FDN'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 77% of all other stocks performed better in the past year than FDN.
- In the last month FDN has a been trading in the 239.54 - 270.99 range, which is quite wide. It is currently trading near the lows of this range.
- FDN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FDN is lagging the market.
- Volume is considerably higher in the last couple of days.
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
213.60
When analyzing the support we notice one important area.
- Support @215.76 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 258.00 to 277.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @284.99 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for FDN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FDN is down. |
| ChartMill Relative Strength | 23.21 | NEGATIVE | FDN has a low relative strength, it was outperformed by 76.79% off all stocks 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 | MIXED | The current price of FDN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 29.93 | OVERSOLD | The low RSI value suggests FDN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.95 | NEGATIVE | The MACD value suggests FDN has a negative trend. |
| Stochastics (14,3) | 10.58 | OVERSOLD | The low Stochastics value suggests FDN may be oversold. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for FDN suggests some volalility. |
| Average Directional Index/ADX (14) | 33.76 | POSITIVE | The high ADX value value for FDN suggests a strong trend. |
245.6
+2.29 (+0.94%)
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 0 / 10 to FDN.
What is the current trend direction of FIRST TRUST DJ INTERNET IND (FDN) stock?
The current trend direction for FIRST TRUST DJ INTERNET IND (FDN) is Bearish.
What is the RSI signal for FDN stock?
FIRST TRUST DJ INTERNET IND (FDN) has an RSI value of 29.9305. This indicates that the stock is currently oversold.
What is the MACD signal for FIRST TRUST DJ INTERNET IND (FDN) stock?
The MACD indicator for FIRST TRUST DJ INTERNET IND (FDN) has a value of -1.95251, indicating a bearish trend.
What is the short term momentum for FDN stock?
The short term momentum for FIRST TRUST DJ INTERNET IND (FDN) is negative.