FIRST TRUST GERMANY (FGM) Stock Technical Analysis
USA - NASDAQ:FGM - US33737J1907 - ETF
57.51 USD
-0.07 (-0.13%)
57.51 USD
0 (0%)
Overall FGM gets a technical rating of 8 out of 10. In the last year, FGM was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month FGM has a been trading in the 57.07 - 60.68 range, which is quite wide. It is currently trading near the lows of this range.
Warning: FGM has an average volume of 5476 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that FGM is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by FGM over the past year are nicely spread over this period.
FGM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FGM is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Although FGM has an excellent technical rating, it does not present a decent entry opportunity 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
54.38
61.01
2 important support areas can be observed.
- A support zone ranging from 57.27 to 57.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 54.93 to 55.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 57.92 to 58.64. 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 60.41 to 60.41. 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 FGM is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FGM is down. |
| ChartMill Relative Strength | 85.21 | POSITIVE | FGM has a high relative strength, it outperformed 85.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FGM is below the rising 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) | 43.15 | NEUTRAL | The RSI value for FGM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests FGM has a negative trend. |
| Stochastics (14,3) | 10.64 | OVERSOLD | The low Stochastics value suggests FGM may be oversold. |
| Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for FGM suggests low volalility. |
| Average Directional Index/ADX (14) | 15.1 | NEGATIVE | The low ADX value for FGM suggests a weak or negative 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)
57.51
-0.07 (-0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.13%
1 Week-1.24%
2 Weeks-4.79%
1 Month0.28%
3 Month3.39%
6 Month20.17%
12 Month45.19%
2 Year71.36%
3 Year83.41%
5 Year36.95%
10 Year59.88%
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%1.07%
ATR Inc-31.41%
Range Today0.36
ADR(20)0.39
ADR(20)%0.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.21
Mansfield0.68
10 Day High60.34
10 Day Low57.1
20 Day High60.68
20 Day Low57.07
52 Week High60.68
52 Week Low35.98
CS1 End57.36
CR1 Start57.92
Volume & EV
DER(3)-3.32%
DER(5)-1.99%
Volume15.10K
Volume Incr-32.49%
Vol(5)5.08K
Vol(50)5.48K