Logo image of FGM

FIRST TRUST GERMANY (FGM) Stock Technical Analysis

NASDAQ:FGM - Nasdaq - US33737J1907 - ETF - Currency: USD

55.6234  -0.35 (-0.63%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to FGM. Both in the recent history as in the last year, FGM has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: FGM has an average volume of 22450 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, FGM did better than 85% of all other stocks. We also observe that the gains produced by FGM over the past year are nicely spread over this period.
FGM 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.
In the last month FGM has a been trading in the 53.47 - 57.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
FIRST TRUST GERMANY / FGM Weekly stock chart
FIRST TRUST GERMANY / FGM Daily stock chart
Setup Rating and Analysis

4

Although FGM has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

40.48

58.13

6 important support areas can be observed.

  • A support zone ranging from 53.61 to 53.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @47.77 from a trend line in the weekly time frame.
  • Support @45.71 from a trend line in the daily time frame.
  • Support @43.06 from a trend line in the daily time frame.
  • Support @41.95 from a trend line in the weekly time frame.
  • Support @40.89 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 55.99 to 57.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for FGM is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for FGM is neutral.
ChartMill Relative Strength85.43POSITIVEFGM has a high relative strength, it outperformed 85.43% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of FGM is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of FGM is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of FGM is above the rising SMA(200).
Relative Strength Index/RSI (14)49.85NEUTRALThe RSI value for FGM is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.19NEGATIVEThe MACD value suggests FGM has a negative trend.
Stochastics (14,3)29.35NEUTRALThe Stochastics value for FGM is a neutral value.
Average True Range in percent/ATR (20)1.23LOW VOLATILITYThe low ATR as a percentage value for FGM suggests low volalility.
Average Directional Index/ADX (14)21.18NEUTRALThe ADX value for FGM suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
FIRST TRUST GERMANY / FGM Daily stock chart

FIRST TRUST GERMANY

NASDAQ:FGM (7/18/2025, 8:00:01 PM)

55.6234

-0.35 (-0.63%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.63%
1 Week-2.43%
2 Weeks-0.85%
1 Month3.18%
3 Month16.23%
6 Month40.35%
12 Month46.51%
2 Year38.66%
3 Year61.18%
5 Year29.66%
10 Year47.07%
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%1.23%
ATR Inc4.02%
Range Today0.82
ADR(20)0.54
ADR(20)%0.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.43
Mansfield1.68
10 Day High57.65
10 Day Low55.18
20 Day High57.65
20 Day Low53.47
52 Week High57.65
52 Week Low35.02
CS1 End53.68
CR1 Start55.99
Volume & EV
DER(3)-1.3%
DER(5)-1.09%
Volume8.40K
Volume Incr-49.7%
Vol(5)17.34K
Vol(50)22.45K