SPDR S&P KENSHO FUTURE SECUR (FITE) Stock Technical Analysis
USA - NYSEARCA:FITE - US78468R6716 - ETF
84.1643 USD
+0.04 (+0.05%)
79 USD
-5.16 (-6.14%)
Taking everything into account, FITE scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, FITE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: FITE has an average volume of 5654 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, FITE did better than 83% of all other stocks. We also observe that the gains produced by FITE over the past year are nicely spread over this period.
A new 52 week high is currently being made by FITE, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month FITE has a been trading in the 77.83 - 84.62 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although FITE 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
56.00
85.01
5 important support areas can be observed.
- A support zone ranging from 80.81 to 82.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 77.15 to 78.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 75.05 to 75.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @60.67 from a trend line in the weekly time frame.
- Support @56.57 from a horizontal line in the weekly time frame.
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 FITE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FITE is up. |
| ChartMill Relative Strength | 83.3 | POSITIVE | FITE has a high relative strength, it outperformed 83.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FITE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FITE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FITE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.57 | OVERBOUGHT | The high RSI value suggests FITE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests FITE has a positive trend. |
| Stochastics (14,3) | 94.42 | OVERBOUGHT | The high Stochastics value suggests FITE may be overbought. |
| Average True Range in percent/ATR (20) | 1.35 | LOW VOLATILITY | The low ATR as a percentage value for FITE suggests low volalility. |
| Average Directional Index/ADX (14) | 19.39 | NEGATIVE | The low ADX value for FITE 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)
84.1643
+0.04 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.05%
1 Week3.2%
2 Weeks5.35%
1 Month9.06%
3 Month16.68%
6 Month29.97%
12 Month39.16%
2 Year79.72%
3 Year102.23%
5 Year126.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.14
ATR(20)%1.35%
ATR Inc8.33%
Range Today0.82
ADR(20)0.88
ADR(20)%1.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.3
Mansfield0.91
10 Day High84.62
10 Day Low80.04
20 Day High84.62
20 Day Low77.83
52 Week High84.62
52 Week Low53.86
CS1 End82.56
CR1 StartN/A
Volume & EV
DER(3)1.55%
DER(5)0%
Volume6.20K
Volume Incr41.01%
Vol(5)7.68K
Vol(50)5.65K