FIRST TRUST DEVELP MKT EX-US (FDT) Stock Technical Analysis
NASDAQ:FDT • US33737J1741
Overall FDT gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FDT is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, FDT did better than 90% of all other stocks. We also observe that the gains produced by FDT over the past year are nicely spread over this period.
- FDT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month FDT has a been trading in the 84.05 - 94.35 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
Although FDT has an excellent technical rating, it does not present a decent entry opportunity 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
53.35
6 important support areas can be observed.
- A support zone ranging from 90.55 to 90.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 87.21 to 87.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 83.56 to 84.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @76.11 from a horizontal line in the daily time frame.
- Support @72.82 from a horizontal line in the daily time frame.
- Support @53.89 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for FDT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FDT is up. |
| ChartMill Relative Strength | 90.58 | POSITIVE | FDT has a high relative strength, it outperformed 90.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FDT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FDT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FDT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.7 | OVERBOUGHT | The high RSI value suggests FDT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests FDT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.67 | OVERBOUGHT | The high Stochastics value suggests FDT may be overbought. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for FDT suggests low volalility. |
| Average Directional Index/ADX (14) | 53.2 | POSITIVE | The high ADX value value for FDT suggests a strong trend. |
93.46
+0.75 (+0.81%)
FIRST TRUST DEVELP MKT EX-US / FDT FAQ
Can you provide the ChartMill technical rating for FIRST TRUST DEVELP MKT EX-US?
ChartMill assigns a technical rating of 10 / 10 to FDT.
What is the current trend direction of FIRST TRUST DEVELP MKT EX-US (FDT) stock?
The current trend direction for FIRST TRUST DEVELP MKT EX-US (FDT) is Bullish.
What is the RSI signal for FIRST TRUST DEVELP MKT EX-US (FDT) stock?
FIRST TRUST DEVELP MKT EX-US (FDT) has an RSI value of 72.7. This indicates that the stock is currently overbought.
What is the MACD signal for FIRST TRUST DEVELP MKT EX-US (FDT) stock?
The MACD indicator for FIRST TRUST DEVELP MKT EX-US (FDT) has a value of 0.283653, indicating a bearish trend.
Can you provide the short term momentum for FIRST TRUST DEVELP MKT EX-US?
The short term momentum for FIRST TRUST DEVELP MKT EX-US (FDT) is positive.