FIRST TRUST MID CAP VALUE (FNK) Stock Technical Analysis
USA - NASDAQ:FNK - US33737M2017 - ETF
We assign a technical rating of 1 out of 10 to FNK. FNK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, FNK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 54.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 54.10, a Stop Loss order could be placed below this zone.
More info and screens
51.11
We found 2 important support areas.
- A support zone ranging from 52.47 to 53.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @51.63 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 54.10 to 55.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @56.58 from a horizontal line in the daily time frame.
- A resistance zone ranging from 57.90 to 58.28. 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 | NEUTRAL | NEUTRAL | The long term trend for FNK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FNK is neutral. |
| ChartMill Relative Strength | 35.05 | NEUTRAL | FNK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FNK is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FNK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FNK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.2 | NEUTRAL | The RSI value for FNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests FNK has a positive trend. |
| Stochastics (14,3) | 49.91 | NEUTRAL | The Stochastics value for FNK is a neutral value. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for FNK suggests low volalility. |
| Average Directional Index/ADX (14) | 15.41 | NEGATIVE | The low ADX value for FNK suggests a weak or negative trend. |
NASDAQ:FNK (11/13/2025, 10:49:03 AM)
54.01
-0.09 (-0.17%)
FIRST TRUST MID CAP VALUE / FNK FAQ
What is the technical rating for FNK stock?
ChartMill assigns a technical rating of 1 / 10 to FNK.
What is the current trend direction of FIRST TRUST MID CAP VALUE (FNK) stock?
The current trend direction for FIRST TRUST MID CAP VALUE (FNK) is Bearish.
What is the RSI signal for FNK stock?
FIRST TRUST MID CAP VALUE (FNK) has an RSI value of 50.2032. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for FIRST TRUST MID CAP VALUE?
FIRST TRUST MID CAP VALUE (FNK) has a support level at 54.1 and a resistance level at 54.16. Check the full technical report for our detailed analysis of FNK support and resistance levels.