FIRST TRUST MID CAP GROWTH (FNY) Stock Technical Analysis
NASDAQ:FNY - Nasdaq - US33737M1027 - ETF - Currency: USD
Taking everything into account, FNY scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FNY is only an average performer.
Warning: FNY has an average volume of 15454 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.
FNY 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 FNY is lagging the market slightly.
When comparing the performance of all stocks over the past year, FNY turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
In the last month FNY has a been trading in a tight range between 82.05 and 85.72.
FNY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 83.41, a Stop Loss order could be placed below this zone.
More info and screens
69.05
89.17
We found 3 important support areas.
- A support zone ranging from 80.34 to 83.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @78.82 from a horizontal line in the daily time frame.
- A support zone ranging from 69.75 to 70.63. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 83.79 to 85.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 87.00 to 88.29. 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 | UP | POSITIVE | The long term trend for FNY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FNY is neutral. |
| ChartMill Relative Strength | 66.32 | NEUTRAL | FNY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FNY is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FNY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FNY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.14 | NEUTRAL | The RSI value for FNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests FNY has a negative trend. |
| Stochastics (14,3) | 42.25 | NEUTRAL | The Stochastics value for FNY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.4 | LOW VOLATILITY | The low ATR as a percentage value for FNY suggests low volalility. |
| Average Directional Index/ADX (14) | 8.17 | NEGATIVE | The low ADX value for FNY 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)
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 |
|---|---|---|---|
| 85.18 | 82.04 | 3.14 (3.69%) | 25.00% |
| An entry @85.18. This is a Buy Stop order right above the resistance zone. | An exit @82.04. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.14 points, which is 3.69%. | For a 0.92% total portfolio risk, you can invest 25.00% 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:FNY (8/8/2025, 2:45:46 PM)
83.56
+0.1 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.12%
1 Week-0.93%
2 Weeks-0.79%
1 Month0.02%
3 Month8.45%
6 Month-1.48%
12 Month13.56%
2 Year29.95%
3 Year40.97%
5 Year55.92%
10 Year187.48%
15 YearN/A
Volatility
ATR(14)1.22
ATR(20)%1.4%
ATR Inc-4.79%
Range Today0.54
ADR(20)0.96
ADR(20)%1.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.32
Mansfield-0.36
10 Day High85.72
10 Day Low82.05
20 Day High85.72
20 Day Low82.05
52 Week High88.74
52 Week Low64.52
CS1 End83.41
CR1 Start83.79
Volume & EV
DER(3)0.56%
DER(5)0.76%
Volume11.59K
Volume Incr-9.9%
Vol(5)16.06K
Vol(50)15.45K