FIRST TRUST DJ GL SEL DVD (FGD) Stock Technical Analysis
USA - NYSEARCA:FGD - US33734X2009 - ETF
Overall FGD gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although the technical rating is only medium, FGD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 28.82. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.78, a Stop Loss order could be placed below this zone.
More info and screens
21.45
We found 3 important support areas.
- A support zone ranging from 27.94 to 28.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.33 from a horizontal line in the weekly time frame.
- Support @21.67 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 28.82 to 28.96. 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 29.45 to 29.67. 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 FGD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FGD is neutral. |
| ChartMill Relative Strength | 73.07 | POSITIVE | FGD has a high relative strength, it outperformed 73.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FGD is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FGD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FGD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.17 | NEUTRAL | The RSI value for FGD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FGD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.18 | NEUTRAL | The Stochastics value for FGD is a neutral value. |
| Average True Range in percent/ATR (20) | 0.88 | LOW VOLATILITY | The low ATR as a percentage value for FGD suggests low volalility. |
| Average Directional Index/ADX (14) | 18.55 | NEGATIVE | The low ADX value for FGD 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 |
|---|---|---|---|
| 28.97 | 28.08 | 0.89 (3.07%) | 25.00% |
| An entry @28.97. This is a Buy Stop order right above the resistance zone. | An exit @28.08. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.89 points, which is 3.07%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%. |
- 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.
NYSEARCA:FGD (10/17/2025, 8:11:14 PM)
28.82
+0.06 (+0.21%)