First Trust NASDAQ CEA Smartphone Idx (FONE) Stock Technical Analysis
USA - NASDAQ:FONE -
45.91
-0.43 (-0.93%)
We assign a technical rating of 0 out of 10 to FONE. FONE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, FONE is a bad performer in the overall market: 63% of all stocks are doing better.
In the last month FONE has a been trading in the 45.73 - 51.62 range, which is quite wide. It is currently trading near the lows of this range.
Warning: FONE has an average volume of 3024 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
FONE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FONE is lagging the market.
Considerably lower volume is observed in the last couple of days.
The technical rating of FONE 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
45.45
52.06
We found 1 important resistance area.
- A resistance zone ranging from 51.29 to 51.54. 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 | DOWN | NEGATIVE | The long term trend for FONE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FONE is down. |
| ChartMill Relative Strength | 37.15 | NEUTRAL | FONE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FONE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FONE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FONE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.95 | NEUTRAL | The RSI value for FONE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests FONE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.53 | OVERSOLD | The low Stochastics value suggests FONE may be oversold. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for FONE suggests low volalility. |
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)
First Trust NASDAQ CEA Smartphone Idx
NASDAQ:FONE (5/29/2019, 8:51:28 PM)
45.91
-0.43 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.93%
1 Week-2.88%
2 Weeks-3.8%
1 Month-9.88%
3 Month-4.79%
6 Month-0.3%
12 Month-9.54%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.7
ATR(20)%1.57%
ATR Inc-41.86%
Range Today0.18
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.15
Mansfield-0.38
10 Day High48.26
10 Day Low45.73
20 Day High51.62
20 Day Low45.73
52 Week High52.16
52 Week Low41.69
CS1 EndN/A
CR1 Start51.29
Volume & EV
DER(3)0%
DER(5)-1.36%
Volume400
Volume Incr-70.91%
Vol(5)1.12K
Vol(50)3.02K