FIRST TRUST MLP AND ENERGY I (FEI) Stock Technical Analysis
NYSE:FEI - New York Stock Exchange, Inc. - US33739B1044 - Currency: USD
Overall FEI gets a technical rating of 10 out of 10. Both in the recent history as in the last year, FEI has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, FEI did better than 83% of all other stocks. We also observe that the gains produced by FEI over the past year are nicely spread over this period.
A new 52 week high is currently being made by FEI, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so FEI is leading the market.
In the last month FEI has a been trading in the 9.32 - 9.90 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
FEI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 9.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.77, 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
7.33
9.94
We found 8 important support areas.
- A support zone ranging from 9.68 to 9.77. 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 9.40 to 9.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.10 from a trend line in the weekly time frame.
- Support @8.95 from a trend line in the daily time frame.
- Support @8.74 from a horizontal line in the daily time frame.
- A support zone ranging from 8.40 to 8.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.01 from a trend line in the weekly time frame.
- Support @7.40 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.84 to 9.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.45
Mansfield0.55
10 Day High9.9
10 Day Low9.6
20 Day High9.9
20 Day Low9.32
52 Week High9.9
52 Week Low7.29
Performance
1 Week0.41%
2 Weeks1.55%
1 Month1.13%
3 Month14.9%
6 Month12.47%
12 Month30.89%
2 Year16.33%
3 Year25.38%
5 Year-15.77%
10 Year-52.74%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)63.59
LBB9.45
UBB9.96
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 |
|---|---|---|---|
| 9.85 | 9.67 | 0.18 (1.83%) | 25.00% |
| An entry @9.85. This is a Buy Stop order right above the resistance zone. | An exit @9.67. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.18 points, which is 1.83%. | For a 0.46% 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 FEI. 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.
NYSE:FEI (5/3/2024, 8:04:00 PM)
9.83
+0.02 (+0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.2%
1 Week0.41%
2 Weeks1.55%
1 Month1.13%
3 Month14.9%
6 Month12.47%
12 Month30.89%
2 Year16.33%
3 Year25.38%
5 Year-15.77%
10 Year-52.74%
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%1.49%
ATR Inc21.56%
Range Today0.19
ADR(20)0.14
ADR(20)%1.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.45
Mansfield0.55
10 Day High9.9
10 Day Low9.6
20 Day High9.9
20 Day Low9.32
52 Week High9.9
52 Week Low7.29
CS1 End9.77
CR1 Start9.84
Volume & EV
DER(3)1.92%
DER(5)0.88%
Volume99.80K
Volume Incr1.87%
Vol(5)105.66K
Vol(50)129.73K