FIRST TRUST GERMANY (FGM) Technical Analysis
NASDAQ:FGM • US33737J1907
Taking everything into account, FGM scores 4 out of 10 in our technical rating. Although FGM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month FGM has a been trading in the 59.80 - 70.18 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: FGM has an average volume of 22828 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Looking at the yearly performance, FGM did better than 74% of all other stocks. On top of that, FGM also shows a nice and consistent pattern of rising prices.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- FGM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FGM is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
FGM has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
55.06
We found 2 important support areas.
- A support zone ranging from 57.35 to 57.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 55.62 to 56.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @62.85 from a trend line in the weekly time frame.
- A resistance zone ranging from 69.49 to 70.15. 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 | NEUTRAL | NEUTRAL | The long term trend for FGM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FGM is down. |
| ChartMill Relative Strength | 74.52 | POSITIVE | FGM has a high relative strength, it outperformed 74.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FGM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FGM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FGM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.44 | NEUTRAL | The RSI value for FGM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.85 | NEGATIVE | The MACD value suggests FGM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.31 | NEUTRAL | The Stochastics value for FGM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for FGM suggests some volalility. |
| Average Directional Index/ADX (14) | 31.87 | POSITIVE | The high ADX value value for FGM suggests a strong trend. |
FGM Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:FGM (3/12/2026, 9:41:14 AM)
61.07
-1.24 (-1.99%)
FIRST TRUST GERMANY / FGM FAQ
Can you provide the ChartMill technical rating for FIRST TRUST GERMANY?
ChartMill assigns a technical rating of 4 / 10 to FGM.
What is the trend direction for FGM stock?
The current trend direction for FIRST TRUST GERMANY (FGM) is Bearish.
What is the RSI signal for FGM stock?
FIRST TRUST GERMANY (FGM) has an RSI value of 31.4434. This indicates that the stock is currently neutral.
What is the support and resistance level for FGM stock?
FIRST TRUST GERMANY (FGM) has a support level at 57.98 and a resistance level at 62.85. Check the full technical report for our detailed analysis of FGM support and resistance levels.