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First Trust NASDAQ CEA Smartphone Idx (FONE) Stock Technical Analysis

USA - NASDAQ:FONE -

45.91
-0.43 (-0.93%)
Last: 5/29/2019, 8:51:28 PM
Technical Rating and Analysis

0

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.
63% of all other stocks performed better in the past year than FONE.
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 trading in the upper part of its 52 week range, so FONE is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
First Trust NASDAQ CEA Smartphone Idx / FONE Weekly stock chart
First Trust NASDAQ CEA Smartphone Idx / FONE Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

45.45

52.06

When analyzing the resistance we notice one important 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.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for FONE is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for FONE is down.
ChartMill Relative Strength37.15NEUTRALFONE is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of FONE is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of FONE is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of FONE is below a declining SMA(200).
Relative Strength Index/RSI (14)30.95NEUTRALThe RSI value for FONE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.24NEGATIVEThe MACD value suggests FONE has a negative trend, although the MACD value is rising.
Stochastics (14,3)3.53OVERSOLDThe low Stochastics value suggests FONE may be oversold.
Average True Range in percent/ATR (20)1.57LOW VOLATILITYThe low ATR as a percentage value for FONE suggests low volalility.
Chart- and CandleStick Pattern Analysis
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 / FONE Daily stock chart

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
3 months CRSN/A
6 months CRSN/A
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

First Trust NASDAQ CEA Smartphone Idx / FONE FAQ

Can you provide the ChartMill technical rating for First Trust NASDAQ CEA Smartphone Idx?

ChartMill assigns a technical rating of 0 / 10 to FONE.


Can you provide the trend direction for First Trust NASDAQ CEA Smartphone Idx?

The current trend direction for First Trust NASDAQ CEA Smartphone Idx (FONE) is Bearish.


Can you provide the RSI signal for First Trust NASDAQ CEA Smartphone Idx?

First Trust NASDAQ CEA Smartphone Idx (FONE) has an RSI value of 30.9494. This indicates that the stock is currently neutral.


Can you provide the MACD signal for First Trust NASDAQ CEA Smartphone Idx?

The MACD indicator for First Trust NASDAQ CEA Smartphone Idx (FONE) has a value of -0.235981, indicating a bearish trend.


What is the buy/sell signal for FONE stock?

The buy/sell signal for First Trust NASDAQ CEA Smartphone Idx (FONE) is sell as both the short term and long term trends are negative.