FIRST TRUST MID CAP CORE ALP (FNX) Stock Technical Analysis
USA - NASDAQ:FNX - US33735B1089 - ETF
124.385 USD
-0.09 (-0.07%)
126.9 USD
+2.52 (+2.02%)
Taking everything into account, FNX scores 5 out of 10 in our technical rating. In the last year, FNX 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: FNX has an average volume of 16612 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 gets the benefit of the doubt for now.
FNX 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 FNX is lagging the market slightly.
When compared to the yearly performance of all other stocks, FNX outperforms 58% of them, which is more or less in line with the market.
In the last month FNX has a been trading in a tight range between 121.73 and 127.63.
Although the technical rating is only medium, FNX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 123.84, a Stop Loss order could be placed below this zone.
More info and screens
117.76
128.55
When analyzing the support we can see 2 important areas.
- A support zone ranging from 121.73 to 123.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 118.95 to 119.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 125.20 to 127.28. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for FNX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FNX is neutral. |
| ChartMill Relative Strength | 58.48 | NEUTRAL | FNX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FNX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FNX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FNX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.29 | NEUTRAL | The RSI value for FNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests FNX has a negative trend. |
| Stochastics (14,3) | 56.23 | NEUTRAL | The Stochastics value for FNX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.43 | LOW VOLATILITY | The low ATR as a percentage value for FNX suggests low volalility. |
| Average Directional Index/ADX (14) | 22.23 | NEUTRAL | The ADX value for FNX 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)
124.385
-0.09 (-0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.07%
1 Week2.18%
2 Weeks-1.98%
1 Month-1.22%
3 Month5.74%
6 Month22.98%
12 Month4.24%
2 Year43.98%
3 Year39.34%
5 Year84.63%
10 Year146.94%
15 Year316.84%
Volatility
ATR(14)1.95
ATR(20)%1.43%
ATR Inc-6.11%
Range Today0.88
ADR(20)1.58
ADR(20)%1.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.48
Mansfield-0.33
10 Day High127.63
10 Day Low121.74
20 Day High127.63
20 Day Low121.74
52 Week High127.98
52 Week Low93.19
CS1 End123.84
CR1 Start125.2
Volume & EV
DER(3)-0.75%
DER(5)0.41%
Volume7.20K
Volume Incr-26.57%
Vol(5)12.24K
Vol(50)16.61K