FIRST TRUST ENHAN EQTY INC (FFA) Stock Technical Analysis
NYSE:FFA - New York Stock Exchange, Inc. - US3373181094 - Currency: USD
Taking everything into account, FFA scores 7 out of 10 in our technical rating. Although FFA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: FFA has an average volume of 20756 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
FFA 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.
When comparing the performance of all stocks over the past year, FFA turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
In the last month FFA has a been trading in a tight range between 20.45 and 21.03.
Besides having an excellent technical rating, FFA also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 20.58, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FFA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
17.32
21.36
We found 4 important support areas.
- A support zone ranging from 20.31 to 20.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.86 from a horizontal line in the daily time frame.
- Support @19.37 from a horizontal line in the daily time frame.
- Support @17.49 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 20.65 to 20.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 21.14 to 21.15. 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 FFA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FFA is neutral. |
| ChartMill Relative Strength | 59.06 | NEUTRAL | FFA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FFA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FFA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FFA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.63 | NEUTRAL | The RSI value for FFA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests FFA has a negative trend. |
| Stochastics (14,3) | 31.61 | NEUTRAL | The Stochastics value for FFA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.91 | LOW VOLATILITY | The low ATR as a percentage value for FFA suggests low volalility. |
| Average Directional Index/ADX (14) | 25.14 | POSITIVE | The high ADX value value for FFA 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 |
|---|---|---|---|
| 20.81 | 20.44 | 0.37 (1.78%) | 25.00% |
| An entry @20.81. This is a Buy Stop order right above the resistance zone. | An exit @20.44. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.37 points, which is 1.78%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.44%. |
- 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:FFA (8/5/2025, 8:14:54 PM)
20.63
-0.09 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.43%
1 Week-1.24%
2 Weeks-0.72%
1 Month0.15%
3 Month7.67%
6 Month-0.34%
12 Month8.18%
2 Year14.48%
3 Year21.42%
5 Year30.65%
10 Year54.88%
15 Year83.54%
Volatility
ATR(14)0.21
ATR(20)%0.91%
ATR Inc2.49%
Range Today0.14
ADR(20)0.18
ADR(20)%0.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.06
Mansfield-0.45
10 Day High21.03
10 Day Low20.45
20 Day High21.03
20 Day Low20.45
52 Week High21.24
52 Week Low15
CS1 End20.58
CR1 Start20.65
Volume & EV
DER(3)4.77%
DER(5)1.06%
Volume19.00K
Volume Incr38.77%
Vol(5)22.14K
Vol(50)20.76K