FT INTERMED DUR IG CORP ETF (FIIG) Stock Technical Analysis
NYSEARCA:FIIG - NYSE Arca - US33738D7966 - ETF - Currency: USD
Taking everything into account, FIIG scores 7 out of 10 in our technical rating. Although FIIG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
When compared to the yearly performance of all other stocks, FIIG outperforms 45% of them, which is more or less in line with the market.
FIIG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FIIG is lagging the market.
In the last month FIIG has a been trading in a tight range between 20.59 and 20.96.
FIIG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 20.86, a Stop Loss order could be placed below this zone.
More info and screens
19.85
21.82
When analyzing the support we notice one important area.
- A support zone ranging from 20.05 to 20.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 21.05 to 21.60. 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 FIIG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FIIG is up. |
| ChartMill Relative Strength | 45.41 | NEUTRAL | FIIG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FIIG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FIIG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FIIG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.9 | NEUTRAL | The RSI value for FIIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FIIG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.22 | OVERBOUGHT | The high Stochastics value suggests FIIG may be overbought. |
| Average True Range in percent/ATR (20) | 0.4 | LOW VOLATILITY | The low ATR as a percentage value for FIIG suggests low volalility. |
| Average Directional Index/ADX (14) | 20.87 | NEUTRAL | The ADX value for FIIG suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 20.97 | 20.70 | 0.27 (1.29%) | 25.00% |
| An entry @20.97. This is a Buy Stop order right above the 10 day high. | An exit @20.70. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.27 points, which is 1.29%. | For a 0.32% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
20.93
-0.01 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.05%
1 Week0.43%
2 Weeks0.48%
1 Month1.41%
3 Month1.16%
6 Month2.25%
12 Month2.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.4%
ATR Inc0.03%
Range Today0.08
ADR(20)0.07
ADR(20)%0.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.41
Mansfield-0.6
10 Day High20.96
10 Day Low20.71
20 Day High20.96
20 Day Low20.59
52 Week High21.6
52 Week Low19.96
CS1 End20.86
CR1 Start21.05
Volume & EV
DER(3)-3.01%
DER(5)0%
Volume232.70K
Volume Incr-13.56%
Vol(5)99.86K
Vol(50)131.61K