FIRST TRUST MID CAP VALUE (FNK) Stock Technical Analysis
NASDAQ:FNK - US33737M2017 - ETF
54.1014 USD
-0.03 (-0.05%)
Overall FNK gets a technical rating of 8 out of 10. Although FNK is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: FNK has an average volume of 11540 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 51.29 - 55.01 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 51% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
FNK has an excellent technical rating, but the quality of the setup is only medium 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
45.80
56.42
3 important support areas can be observed.
- A support zone ranging from 51.63 to 53.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @50.63 from a horizontal line in the daily time frame.
- Support @46.26 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 54.72 to 54.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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 | UP | POSITIVE | The short term trend for FNK is up. |
| ChartMill Relative Strength | 51.65 | 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) | UP | POSITIVE | The current price of FNK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.41 | NEUTRAL | The RSI value for FNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests FNK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.65 | NEUTRAL | The Stochastics value for FNK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.14 | LOW VOLATILITY | The low ATR as a percentage value for FNK suggests low volalility. |
| Average Directional Index/ADX (14) | 20.3 | 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 |
|---|---|---|---|
| 54.91 | 52.28 | 2.63 (4.79%) | 20.88% |
| An entry @54.91. This is a Buy Stop order right above the resistance zone. | An exit @52.28. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.63 points, which is 4.79%. | For a 1.00% total portfolio risk, you can invest 20.88% 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 (8/21/2025, 8:11:46 PM)
54.1014
-0.03 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.05%
1 Week-0.91%
2 Weeks3.46%
1 Month0.95%
3 Month9.16%
6 Month2.17%
12 Month-0.88%
2 Year14.62%
3 Year25.69%
5 Year85.79%
10 Year89.63%
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%1.14%
ATR Inc-49.93%
Range Today0.24
ADR(20)0.46
ADR(20)%0.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.65
Mansfield-0.49
10 Day High55.01
10 Day Low52.29
20 Day High55.01
20 Day Low51.29
52 Week High58.52
52 Week Low42.68
CS1 End53.91
CR1 Start54.72
Volume & EV
DER(3)-0.33%
DER(5)-0.52%
Volume8.10K
Volume Incr-63.35%
Vol(5)6.04K
Vol(50)11.54K