NASDAQ:FGM - US33737J1907 - ETF
We assign a technical rating of 9 out of 10 to FGM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FGM is showing a nice and steady performance.
Although FGM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
42.41
5 important support areas can be observed.
We can see 2 important resistance areas.
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 | 84.1 | POSITIVE | FGM has a high relative strength, it outperformed 84.1% 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) | 42.69 | 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) | 29.48 | NEUTRAL | The Stochastics value for FGM is a neutral value. |
Average True Range in percent/ATR (20) | 1.28 | LOW VOLATILITY | The low ATR as a percentage value for FGM suggests low volalility. |
Average Directional Index/ADX (14) | 11.37 | NEGATIVE | The low ADX value for FGM suggests a weak or negative trend. |
NASDAQ:FGM (9/2/2025, 8:01:36 PM)
56.2253
-1.08 (-1.88%)