FIRST TRUST DJ INTERNET ETF (FDNE.AS) Stock Technical Analysis
AMS:FDNE - Euronext Amsterdam - IE00BG0SSC32 - ETF - Currency: EUR
We assign a technical rating of 7 out of 10 to FDNE. FDNE has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: FDNE has an average volume of 1584 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
FDNE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, FDNE did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
FDNE 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 FDNE is lagging the market slightly.
Besides having an excellent technical rating, FDNE also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 30.25, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
24.12
31.61
We found 3 important support areas.
- A support zone ranging from 30.21 to 30.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.21 from a trend line in the weekly time frame.
- Support @24.36 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 30.72 to 30.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 31.30 to 31.30. 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 | UP | POSITIVE | The long term trend for FDNE.AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FDNE.AS is up. |
| ChartMill Relative Strength | 79.12 | POSITIVE | FDNE.AS has a high relative strength, it outperformed 79.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FDNE.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FDNE.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FDNE.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.49 | NEUTRAL | The RSI value for FDNE.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests FDNE.AS has a negative trend. |
| Stochastics (14,3) | 52.64 | NEUTRAL | The Stochastics value for FDNE.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for FDNE.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 20.04 | NEUTRAL | The ADX value for FDNE.AS suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 30.73 | 30.20 | 0.53 (1.72%) | 25.00% |
| An entry @30.73. This is a Buy Stop order right above the resistance zone. | An exit @30.20. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.53 points, which is 1.72%. | For a 0.43% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of FDNE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AMS:FDNE (5/29/2025, 7:00:00 PM)
30.4
-0.39 (-1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.27%
1 Week-1.3%
2 Weeks-2.31%
1 Month9.43%
3 Month-6%
6 Month-4.13%
12 Month22.73%
2 Year51.47%
3 Year68.51%
5 Year52.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%1.68%
ATR Inc27.92%
Range Today0.89
ADR(20)0.31
ADR(20)%1.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.12
Mansfield0.19
10 Day High31.38
10 Day Low30.17
20 Day High31.38
20 Day Low28.72
52 Week High35.6
52 Week Low22.36
CS1 End30.25
CR1 Start30.72
Volume & EV
DER(3)0%
DER(5)0%
Volume6.28K
Volume Incr72.26%
Vol(5)1.89K
Vol(50)1.58K