FIRST TRUST LARGE CAP CORE A (FEX) Stock Technical Analysis
NASDAQ:FEX - Nasdaq - US33734K1097 - ETF - Currency: USD
Taking everything into account, FEX scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FEX is only an average performer.
Besides having an excellent technical rating, FEX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 107.06, a Stop Loss order could be placed below this zone.
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91.55
We found 2 important support areas.
- A support zone ranging from 103.91 to 107.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 92.47 to 94.55. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @108.33 from a trend line in the daily time frame.
- Resistance @110.56 from a horizontal line in the daily 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 FEX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FEX is up. |
| ChartMill Relative Strength | 67.13 | NEUTRAL | FEX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FEX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FEX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FEX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.99 | NEUTRAL | The RSI value for FEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FEX has a positive trend. |
| Stochastics (14,3) | 95.67 | OVERBOUGHT | The high Stochastics value suggests FEX may be overbought. |
| Average True Range in percent/ATR (20) | 1.03 | LOW VOLATILITY | The low ATR as a percentage value for FEX suggests low volalility. |
| Average Directional Index/ADX (14) | 17.92 | NEGATIVE | The low ADX value for FEX suggests a weak or negative 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 |
|---|---|---|---|
| 108.34 | 104.19 | 4.15 (3.83%) | 25.00% |
| An entry @108.34. This is a Buy Stop order right above the resistance zone. | An exit @104.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.15 points, which is 3.83%. | For a 0.96% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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:FEX (6/10/2025, 8:00:00 PM)
107.43
+0.42 (+0.39%)