FIRST TRUST EUROPE (FEP) Stock Technical Analysis
NASDAQ:FEP - Nasdaq - US33737J1170 - ETF - Currency: USD
We assign a technical rating of 10 out of 10 to FEP. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FEP 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, FEP did better than 84% of all other stocks.
FEP is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so FEP is leading the market.
In the last month FEP has a been trading in a tight range between 45.59 and 47.73.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, FEP also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 46.73, 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
34.71
48.07
When analyzing the support we can see 5 important areas.
- A support zone ranging from 46.66 to 46.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @38.79 from a trend line in the weekly time frame.
- Support @37.17 from a trend line in the weekly time frame.
- A support zone ranging from 36.31 to 36.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 35.06 to 35.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 46.89 to 47.59. This zone is formed by a combination of multiple trend lines and important moving averages 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 FEP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FEP is up. |
| ChartMill Relative Strength | 84.16 | POSITIVE | FEP has a high relative strength, it outperformed 84.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FEP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FEP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FEP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.17 | NEUTRAL | The RSI value for FEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests FEP has a negative trend. |
| Stochastics (14,3) | 40.5 | NEUTRAL | The Stochastics value for FEP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.14 | LOW VOLATILITY | The low ATR as a percentage value for FEP suggests low volalility. |
| Average Directional Index/ADX (14) | 36.49 | POSITIVE | The high ADX value value for FEP suggests a strong 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 |
|---|---|---|---|
| 47.15 | 46.65 | 0.50 (1.06%) | 25.00% |
| An entry @47.15. This is a Buy Stop order right above the 10 day moving average. | An exit @46.65. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.50 points, which is 1.06%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.26%. |
- The distance between exit and entry is rather small compared to the average daily movement of FEP. 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.
NASDAQ:FEP (6/18/2025, 8:00:00 PM)
46.74
+0.07 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.15%
1 Week-0.89%
2 Weeks-0.74%
1 Month1.15%
3 Month11.44%
6 Month31.22%
12 Month24.41%
2 Year35.79%
3 Year49.23%
5 Year53.55%
10 Year50.97%
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%1.14%
ATR Inc23.32%
Range Today0.48
ADR(20)0.44
ADR(20)%0.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.16
Mansfield1.37
10 Day High47.73
10 Day Low46.58
20 Day High47.73
20 Day Low45.59
52 Week High47.73
52 Week Low33.02
CS1 End46.73
CR1 Start46.89
Volume & EV
DER(3)-1.43%
DER(5)1.07%
Volume32.20K
Volume Incr-49.4%
Vol(5)20.24K
Vol(50)34.73K