NASDAQ:FGM - Nasdaq - US33737J1907 - ETF - Currency: USD
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.
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.
40.48
6 important support areas can be observed.
When analyzing the resistance we notice one important 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 | UP | POSITIVE | The long term trend for FGM is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FGM is neutral. |
ChartMill Relative Strength | 85.43 | POSITIVE | FGM has a high relative strength, it outperformed 85.43% 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 | POSITIVE | The current price of FGM is above 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) | 49.85 | NEUTRAL | The RSI value for FGM is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests FGM has a negative trend. |
Stochastics (14,3) | 29.35 | NEUTRAL | The Stochastics value for FGM is a neutral value. |
Average True Range in percent/ATR (20) | 1.23 | LOW VOLATILITY | The low ATR as a percentage value for FGM suggests low volalility. |
Average Directional Index/ADX (14) | 21.18 | NEUTRAL | The ADX value for FGM suggests a possible start of a new trend. |
NASDAQ:FGM (7/18/2025, 8:00:01 PM)
55.6234
-0.35 (-0.63%)