FIRST TRUST MID CAP VALUE (FNK) Stock Technical Analysis
NASDAQ:FNK - Nasdaq - US33737M2017 - ETF - Currency: USD
Taking everything into account, FNK scores 6 out of 10 in our technical rating. In the last year, FNK was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Warning: FNK has an average volume of 10642 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 may just continue or reversal may be around the corner!
When compared to the yearly performance of all other stocks, FNK outperforms 51% of them, which is more or less in line with the market.
FNK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FNK is lagging the market slightly.
In the last month FNK has a been trading in a tight range between 52.27 and 54.59.
Volume is considerably higher in the last couple of days.
FNK has an average technical rating and it also does not offer a high quality setup 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
44.84
56.42
2 important support areas can be observed.
- Support @46.11 from a trend line in the weekly time frame.
- Support @45.29 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 51.94 to 54.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @55.86 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for FNK is neutral. |
| ChartMill Relative Strength | 51.01 | NEUTRAL | FNK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FNK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FNK is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FNK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.2 | NEUTRAL | The RSI value for FNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests FNK has a negative trend. |
| Stochastics (14,3) | 34.97 | NEUTRAL | The Stochastics value for FNK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.23 | LOW VOLATILITY | The low ATR as a percentage value for FNK suggests low volalility. |
| Average Directional Index/ADX (14) | 15.03 | NEGATIVE | The low ADX value for FNK 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)
NASDAQ:FNK (8/1/2025, 4:15:00 PM)
51.6568
-0.81 (-1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.55%
1 Week-2.1%
2 Weeks-1.21%
1 Month-2.53%
3 Month7.96%
6 Month-4.47%
12 Month0.19%
2 Year7.01%
3 Year17.64%
5 Year89.65%
10 Year77.62%
15 YearN/A
Volatility
ATR(14)0.65
ATR(20)%1.23%
ATR Inc27.49%
Range Today0.4
ADR(20)0.52
ADR(20)%1.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.01
Mansfield-0.8
10 Day High54.39
10 Day Low52.44
20 Day High54.59
20 Day Low52.27
52 Week High58.52
52 Week Low42.68
CS1 End52.46
CR1 Start52.89
Volume & EV
DER(3)1.46%
DER(5)0.65%
Volume5.76K
Volume Incr226.74%
Vol(5)34.34K
Vol(50)10.64K