Taking everything into account, FJP scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FJP is showing a nice and steady performance.
- Warning: FJP has an average volume of 9242 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.
- When comparing the yearly performance of all stocks, we notice that FJP is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by FJP over the past year are nicely spread over this period.
- FJP is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month FJP has a been trading in the 66.69 - 71.34 range, which is quite wide. It is currently trading near the high of this range.
Although FJP 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
47.98
We found 4 important support areas.
- A support zone ranging from 67.31 to 69.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @64.41 from a horizontal line in the daily time frame.
- A support zone ranging from 62.89 to 62.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @48.46 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 70.80 to 70.80. 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 FJP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FJP is up. |
| ChartMill Relative Strength | 84.34 | POSITIVE | FJP has a high relative strength, it outperformed 84.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FJP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FJP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FJP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.91 | NEUTRAL | The RSI value for FJP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests FJP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.58 | OVERBOUGHT | The high Stochastics value suggests FJP may be overbought. |
| Average True Range in percent/ATR (20) | 1.12 | LOW VOLATILITY | The low ATR as a percentage value for FJP suggests low volalility. |
| Average Directional Index/ADX (14) | 19.62 | NEGATIVE | The low ADX value for FJP suggests a weak or negative trend. |
70.7889
+0.32 (+0.45%)
FIRST TRUST JAPAN / FJP FAQ
Can you provide the ChartMill technical rating for FIRST TRUST JAPAN?
ChartMill assigns a technical rating of 10 / 10 to FJP.
What is the current trend direction of FIRST TRUST JAPAN (FJP) stock?
The current trend direction for FIRST TRUST JAPAN (FJP) is Bullish.
Can you provide the RSI signal for FIRST TRUST JAPAN?
FIRST TRUST JAPAN (FJP) has an RSI value of 66.9081. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FIRST TRUST JAPAN?
The short term momentum for FIRST TRUST JAPAN (FJP) is positive.
Can you provide the buy/sell signal for FIRST TRUST JAPAN?
The buy/sell signal for FIRST TRUST JAPAN (FJP) is buy as both the short term and long term trends are positive.