iShares Frontier and Select EM ETF (FM) Stock Technical Analysis
NYSEARCA:FM - NYSE Arca - US4642861458 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to FM. FM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the performance of all stocks over the past year, FM turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
FM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FM is lagging the market.
In the last month FM has a been trading in a tight range between 27.04 and 27.70.
Volume is considerably higher in the last couple of days.
FM has a poor technical rating and the quality of the setup is also only medium 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
26.68
29.08
We found 1 important support area.
- A support zone ranging from 26.95 to 27.14. 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 27.20 to 28.79. 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 | DOWN | NEGATIVE | The long term trend for FM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FM is down. |
| ChartMill Relative Strength | 46.25 | NEUTRAL | FM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.65 | NEUTRAL | The RSI value for FM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.7 | OVERSOLD | The low Stochastics value suggests FM may be oversold. |
| Average True Range in percent/ATR (20) | 0.48 | LOW VOLATILITY | The low ATR as a percentage value for FM suggests low volalility. |
| Average Directional Index/ADX (14) | 42.26 | POSITIVE | The high ADX value value for FM suggests a strong 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)
iShares Frontier and Select EM ETF
NYSEARCA:FM (1/6/2025, 8:04:00 PM)
27.19
+0.11 (+0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.41%
1 Week0.22%
2 Weeks0.3%
1 Month-1.56%
3 Month-1.2%
6 Month-2.12%
12 Month1.84%
2 Year3.23%
3 Year-19.98%
5 Year-11.2%
10 Year-9.03%
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%0.48%
ATR Inc23.25%
Range Today0.13
ADR(20)0.1
ADR(20)%0.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.25
Mansfield-0.96
10 Day High27.25
10 Day Low27.04
20 Day High27.7
20 Day Low27.04
52 Week High28.87
52 Week Low25.72
CS1 End27.14
CR1 Start27.2
Volume & EV
DER(3)-0.09%
DER(5)-0.73%
Volume57.50K
Volume Incr90.89%
Vol(5)70.86K
Vol(50)37.52K