
USA - NYSEARCA:FFTY - US45782C1027 - ETF
We assign a technical rating of 1 out of 10 to FFTY. FFTY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
FFTY has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
24.09
When analyzing the support we can see 3 important areas.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The long term trend for FFTY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FFTY is down. |
| ChartMill Relative Strength | 54.63 | NEUTRAL | FFTY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FFTY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FFTY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FFTY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 30.04 | NEUTRAL | The RSI value for FFTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.59 | NEGATIVE | The MACD value suggests FFTY has a negative trend. |
| Stochastics (14,3) | 9.88 | OVERSOLD | The low Stochastics value suggests FFTY may be oversold. |
| Average True Range in percent/ATR (20) | 4.39 | MEDIUM VOLATILITY | The ATR as a percentage value for FFTY suggests some volalility. |
| Average Directional Index/ADX (14) | 30.3 | POSITIVE | The high ADX value value for FFTY suggests a strong trend. |
32.65
-1.52 (-4.45%)
ChartMill assigns a technical rating of 1 / 10 to FFTY.
The current trend direction for INNOVATOR IBD 50 ETF (FFTY) is Bearish.
INNOVATOR IBD 50 ETF (FFTY) has an RSI value of 30.0361. This indicates that the stock is currently neutral.
The MACD indicator for INNOVATOR IBD 50 ETF (FFTY) has a value of -0.593876, indicating a bearish trend.