FIRST TRUST MID CAP VALUE (FNK) Stock Technical Analysis
NASDAQ:FNK - Nasdaq - US33737M2017 - ETF - Currency: USD
Overall FNK gets a technical rating of 3 out of 10. In the past year, FNK was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
64% of all other stocks performed better in the past year than FNK.
Warning: FNK has an average volume of 15026 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
FNK is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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.
The technical rating of FNK is bad and it also does not present a 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
44.83
55.20
When analyzing the support we notice one important area.
- A support zone ranging from 45.28 to 45.63. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 50.90 to 51.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @54.65 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 | 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 | 36.07 | NEUTRAL | FNK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FNK is below 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 | NEGATIVE | The current price of FNK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.59 | NEUTRAL | The RSI value for FNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FNK has a negative trend. |
| Stochastics (14,3) | 48.76 | NEUTRAL | The Stochastics value for FNK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for FNK suggests low volalility. |
| Average Directional Index/ADX (14) | 19.73 | 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 (5/23/2025, 8:14:36 PM)
49.56
-0.28 (-0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.56%
1 Week-4.07%
2 Weeks0.57%
1 Month4.43%
3 Month-6.41%
6 Month-13.61%
12 Month-5.33%
2 Year20.23%
3 Year8.3%
5 Year87.21%
10 Year56.69%
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%1.54%
ATR Inc-18.11%
Range Today0.58
ADR(20)0.54
ADR(20)%1.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.07
Mansfield-0.73
10 Day High51.77
10 Day Low49.15
20 Day High51.77
20 Day Low46.66
52 Week High58.52
52 Week Low42.68
CS1 End45.63
CR1 Start50.9
Volume & EV
DER(3)3.61%
DER(5)1.57%
Volume4.70K
Volume Incr-50.99%
Vol(5)6.58K
Vol(50)15.03K