FIRST TRUST UNITED KINGDOM (FKU) Stock Technical Analysis
USA - NASDAQ:FKU - US33737J2244 - ETF
48.27 USD
-0.15 (-0.31%)
48.27 USD
0 (0%)
We assign a technical rating of 7 out of 10 to FKU. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FKU is showing a nice and steady performance.
Warning: FKU has an average volume of 2632 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, FKU did better than 72% of all other stocks.
FKU is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month FKU has a been trading in a tight range between 46.86 and 49.03.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, FKU also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 48.23, a Stop Loss order could be placed below this zone.
More info and screens
35.54
49.34
4 important support areas can be observed.
- A support zone ranging from 47.08 to 48.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 45.64 to 45.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @38.13 from a trend line in the weekly time frame.
- Support @35.90 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 48.37 to 48.85. This zone is formed by a combination of multiple trend lines and important moving averages 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 FKU is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FKU is neutral. |
| ChartMill Relative Strength | 72.66 | POSITIVE | FKU has a high relative strength, it outperformed 72.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FKU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FKU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FKU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.1 | NEUTRAL | The RSI value for FKU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FKU has a negative trend. |
| Stochastics (14,3) | 54.21 | NEUTRAL | The Stochastics value for FKU is a neutral value. |
| Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for FKU suggests low volalility. |
| Average Directional Index/ADX (14) | 8.73 | NEGATIVE | The low ADX value for FKU 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)
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 |
|---|---|---|---|
| 48.86 | 47.65 | 1.21 (2.47%) | 25.00% |
| An entry @48.86. This is a Buy Stop order right above the resistance zone. | An exit @47.65. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.21 points, which is 2.47%. | For a 0.62% 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.
48.27
-0.15 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.31%
1 Week1.27%
2 Weeks-1.17%
1 Month1.51%
3 Month4.67%
6 Month17.16%
12 Month17.16%
2 Year55.42%
3 Year71.96%
5 Year62.28%
10 Year14.22%
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%0.96%
ATR Inc-21.66%
Range Today0.3
ADR(20)0.33
ADR(20)%0.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.66
Mansfield0.19
10 Day High48.99
10 Day Low47.66
20 Day High49.03
20 Day Low46.86
52 Week High49.03
52 Week Low35.98
CS1 End48.23
CR1 Start48.37
Volume & EV
DER(3)0.2%
DER(5)1.59%
Volume27.20K
Volume Incr290.89%
Vol(5)7.72K
Vol(50)2.63K