FIRST TRUST ENERGY INFRASTRU (FIF) Stock Technical Analysis
NYSE:FIF - New York Stock Exchange, Inc. - US33738C1036 - Currency: USD
We assign a technical rating of 10 out of 10 to FIF. Both in the recent history as in the last year, FIF has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that FIF is one of the better performing stocks in the market, outperforming 80% of all stocks. On top of that, FIF also shows a nice and consistent pattern of rising prices.
FIF is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so FIF is leading the market.
In the last month FIF has a been trading in a tight range between 17.50 and 18.46.
Volume is considerably higher in the last couple of days.
FIF has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.15
18.62
We found 4 important support areas.
- Support @17.09 from a trend line in the daily time frame.
- A support zone ranging from 15.65 to 16.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.57 from a trend line in the weekly time frame.
- Support @13.28 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.14 to 18.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.56
Mansfield0.3
10 Day High18.46
10 Day Low17.89
20 Day High18.46
20 Day Low17.5
52 Week High18.56
52 Week Low13.76
Performance
1 Week-0.66%
2 Weeks0.28%
1 Month-1.09%
3 Month11.8%
6 Month11.73%
12 Month27.38%
2 Year16.62%
3 Year34.97%
5 Year17%
10 Year-19.98%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)54.75
LBB17.65
UBB18.48
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.18 | 17.88 | 0.29 (1.60%) | 25.00% |
| An entry @18.18. This is a Buy Stop order right above the 10 day moving average. | An exit @17.88. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.29 points, which is 1.60%. | For a 0.40% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of FIF. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:FIF (5/3/2024, 8:04:00 PM)
18.1
+0.01 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.06%
1 Week-0.66%
2 Weeks0.28%
1 Month-1.09%
3 Month11.8%
6 Month11.73%
12 Month27.38%
2 Year16.62%
3 Year34.97%
5 Year17%
10 Year-19.98%
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%1.28%
ATR Inc-19.26%
Range Today0.14
ADR(20)0.21
ADR(20)%1.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.56
Mansfield0.3
10 Day High18.46
10 Day Low17.89
20 Day High18.46
20 Day Low17.5
52 Week High18.56
52 Week Low13.76
CS1 End17.09
CR1 Start18.14
Volume & EV
DER(3)0.96%
DER(5)-1.41%
Volume168.50K
Volume Incr154.42%
Vol(5)93.64K
Vol(50)50.65K