FIRST TRUST MID CAP VALUE (FNK) Stock Technical Analysis
NASDAQ:FNK - Nasdaq - US33737M2017 - ETF - Currency: USD
Taking everything into account, FNK scores 7 out of 10 in our technical rating. In the last year, FNK was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Warning: FNK has an average volume of 7788 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.
FNK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FNK is lagging the market slightly.
In the last month FNK has a been trading in the 50.56 - 54.59 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, FNK outperforms 57% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
Although FNK has an excellent technical rating, the quality of the presented setup is not ideal 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
45.51
54.41
When analyzing the support we can see 2 important areas.
- Support @49.55 from a horizontal line in the daily time frame.
- Support @45.97 from a trend line in the weekly time frame.
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 FNK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FNK is up. |
| ChartMill Relative Strength | 57.4 | NEUTRAL | FNK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FNK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FNK is above the rising 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) | 65.1 | NEUTRAL | The RSI value for FNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests FNK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.45 | OVERBOUGHT | The high Stochastics value suggests FNK may be overbought. |
| Average True Range in percent/ATR (20) | 1.17 | LOW VOLATILITY | The low ATR as a percentage value for FNK suggests low volalility. |
| Average Directional Index/ADX (14) | 21.14 | NEUTRAL | The ADX value for FNK suggests a possible start of a new 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 |
|---|---|---|---|
| 54.60 | 51.40 | 3.20 (5.86%) | 17.06% |
| An entry @54.60. This is a Buy Stop order right above the 10 day high. | An exit @51.40. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.20 points, which is 5.86%. | For a 1.00% total portfolio risk, you can invest 17.06% 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.
NASDAQ:FNK (7/11/2025, 8:13:45 PM)
53.87
-0.44 (-0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.81%
1 Week0%
2 Weeks4.3%
1 Month4.8%
3 Month18.03%
6 Month2.12%
12 Month2.12%
2 Year9.87%
3 Year20.78%
5 Year94.72%
10 Year82.36%
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%1.17%
ATR Inc6.99%
Range Today0.36
ADR(20)0.55
ADR(20)%1.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.4
Mansfield-0.52
10 Day High54.59
10 Day Low51.41
20 Day High54.59
20 Day Low50.56
52 Week High58.52
52 Week Low42.68
CS1 End49.55
CR1 StartN/A
Volume & EV
DER(3)4.6%
DER(5)5.17%
Volume2.30K
Volume Incr116.15%
Vol(5)13.52K
Vol(50)7.79K