SCHWAB FNDMNTL US LRG CO ETF (FNDX) Stock Technical Analysis
NYSEARCA:FNDX - NYSE Arca - US8085247711 - ETF - Currency: USD
Overall FNDX gets a technical rating of 7 out of 10. FNDX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
FNDX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FNDX is performing more or less in line with the market.
FNDX has an average volume of 2966570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, FNDX turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
In the last month FNDX has a been trading in a tight range between 23.18 and 24.25.
Besides having an excellent technical rating, FNDX also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 24.08, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FNDX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
21.14
25.36
3 important support areas can be observed.
- A support zone ranging from 23.30 to 24.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.91 from a trend line in the weekly time frame.
- A support zone ranging from 21.35 to 21.39. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @24.31 from a trend line in the daily time frame.
- A resistance zone ranging from 24.82 to 25.11. 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 FNDX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FNDX is up. |
| ChartMill Relative Strength | 59.73 | NEUTRAL | FNDX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FNDX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FNDX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FNDX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.28 | NEUTRAL | The RSI value for FNDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests FNDX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 75.12 | NEUTRAL | The Stochastics value for FNDX is a neutral value. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for FNDX suggests low volalility. |
| Average Directional Index/ADX (14) | 18.54 | NEGATIVE | The low ADX value for FNDX 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 |
|---|---|---|---|
| 24.32 | 23.88 | 0.44 (1.81%) | 25.00% |
| An entry @24.32. This is a Buy Stop order right above the resistance zone. | An exit @23.88. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.44 points, which is 1.81%. | For a 0.45% 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.
24.18
+0.17 (+0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.71%
1 Week0.88%
2 Weeks0.83%
1 Month3.11%
3 Month3.42%
6 Month1.21%
12 Month8.3%
2 Year26%
3 Year42.51%
5 Year96.91%
10 Year143.83%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%1%
ATR Inc7.35%
Range Today0.3
ADR(20)0.21
ADR(20)%0.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.73
Mansfield-0.21
10 Day High24.25
10 Day Low23.89
20 Day High24.25
20 Day Low23.18
52 Week High25.17
52 Week Low20.41
CS1 End24.08
CR1 Start24.31
Volume & EV
DER(3)4.66%
DER(5)6.09%
Volume2.98M
Volume Incr9.01%
Vol(5)2.69M
Vol(50)2.97M