FIRST TRUST MID CAP VALUE (FNK) Stock Technical Analysis
USA - NASDAQ:FNK - US33737M2017 - ETF
We assign a technical rating of 0 out of 10 to FNK. FNK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
FNK has a poor technical rating and the quality of the setup is also 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
51.11
2 important support areas can be observed.
- A support zone ranging from 52.47 to 52.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.63 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 53.64 to 55.05. 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 | DOWN | NEGATIVE | The short term trend for FNK is down. |
| ChartMill Relative Strength | 35.45 | 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) | 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) | 40.54 | NEUTRAL | The RSI value for FNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests FNK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.81 | OVERSOLD | The low Stochastics value suggests FNK may be oversold. |
| Average True Range in percent/ATR (20) | 1.19 | LOW VOLATILITY | The low ATR as a percentage value for FNK suggests low volalility. |
| Average Directional Index/ADX (14) | 16.78 | NEGATIVE | The low ADX value for FNK suggests a weak or negative trend. |
NASDAQ:FNK (11/6/2025, 10:32:59 AM)
53.27
-0.08 (-0.15%)
FIRST TRUST MID CAP VALUE / FNK FAQ
What is the technical rating for FNK stock?
ChartMill assigns a technical rating of 0 / 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 40.5448. 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 52.99 and a resistance level at 53.64. Check the full technical report for our detailed analysis of FNK support and resistance levels.