FIRST TRUST EMERGING MARKETS (FEM) Stock Technical Analysis
NASDAQ:FEM • US33737J1824
Overall FEM gets a technical rating of 10 out of 10. Both in the recent history as in the last year, FEM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that FEM is one of the better performing stocks in the market, outperforming 82% of all stocks. On top of that, FEM also shows a nice and consistent pattern of rising prices.
- FEM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FEM is lagging the market slightly.
- In the last month FEM has a been trading in the 29.03 - 32.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
FEM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 31.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 30.55, a Stop Loss order could be placed below this zone.
More info and screens
26.06
We found 4 important support areas.
- A support zone ranging from 29.96 to 30.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @28.11 from a trend line in the weekly time frame.
- A support zone ranging from 27.41 to 27.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 26.32 to 26.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 31.03 to 31.03. 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 FEM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FEM is up. |
| ChartMill Relative Strength | 82.77 | POSITIVE | FEM has a high relative strength, it outperformed 82.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FEM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FEM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FEM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.74 | NEUTRAL | The RSI value for FEM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FEM has a positive trend. |
| Stochastics (14,3) | 82.15 | OVERBOUGHT | The high Stochastics value suggests FEM may be overbought. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for FEM suggests low volalility. |
| Average Directional Index/ADX (14) | 49.23 | POSITIVE | The high ADX value value for FEM suggests a strong trend. |
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 |
|---|---|---|---|
| 31.04 | 29.47 | 1.57 (5.06%) | 19.77% |
| An entry @31.04. This is a Buy Stop order right above the resistance zone. | An exit @29.47. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.57 points, which is 5.06%. | When investing 19.77% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
31.0155
+0.44 (+1.44%)
FIRST TRUST EMERGING MARKETS / FEM FAQ
What is the technical rating for FEM stock?
ChartMill assigns a technical rating of 10 / 10 to FEM.
What is the current trend direction of FIRST TRUST EMERGING MARKETS (FEM) stock?
The current trend direction for FIRST TRUST EMERGING MARKETS (FEM) is Bullish.
Can you provide the RSI signal for FIRST TRUST EMERGING MARKETS?
FIRST TRUST EMERGING MARKETS (FEM) has an RSI value of 66.7365. This indicates that the stock is currently neutral.
What is the buy/sell signal for FEM stock?
The buy/sell signal for FIRST TRUST EMERGING MARKETS (FEM) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for FIRST TRUST EMERGING MARKETS?
FIRST TRUST EMERGING MARKETS (FEM) has a support level at 30.55 and a resistance level at 31.03. Check the full technical report for our detailed analysis of FEM support and resistance levels.