FIRST TRUST US EQUITY OPPORT (FPX) Stock Technical Analysis
NYSEARCA:FPX - NYSE Arca - US3369201039 - ETF - Currency: USD
Taking everything into account, FPX scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FPX is showing a nice and steady performance.
Warning: FPX has an average volume of 23156 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that FPX is one of the better performing stocks in the market, outperforming 89% of all stocks.
FPX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FPX is performing more or less in line with the market.
In the last month FPX has a been trading in the 120.03 - 137.86 range, which is quite wide. It is currently trading near the high of this range.
Although FPX has an excellent technical rating, the quality of the presented setup is not ideal 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
97.70
136.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 130.65 to 134.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @101.64 from a trend line in the weekly time frame.
- Support @98.69 from a horizontal line in the daily time frame.
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 FPX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FPX is up. |
| ChartMill Relative Strength | 89.45 | POSITIVE | FPX has a high relative strength, it outperformed 89.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FPX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FPX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FPX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.95 | NEUTRAL | The RSI value for FPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests FPX has a negative trend. |
| Stochastics (14,3) | 91.37 | OVERBOUGHT | The high Stochastics value suggests FPX may be overbought. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for FPX suggests some volalility. |
| Average Directional Index/ADX (14) | 22.32 | NEUTRAL | The ADX value for FPX 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)
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 |
|---|---|---|---|
| 137.87 | 130.74 | 7.13 (5.17%) | 19.34% |
| An entry @137.87. This is a Buy Stop order right above the 10 day high. | An exit @130.74. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 7.13 points, which is 5.17%. | For a 1.00% total portfolio risk, you can invest 19.34% 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.
NYSEARCA:FPX (5/29/2025, 8:04:00 PM)
135.09
-1.3 (-0.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.95%
1 Week2.09%
2 Weeks0.75%
1 Month13.46%
3 Month10.12%
6 Month5.14%
12 Month35.61%
2 Year66.06%
3 Year47.64%
5 Year67.17%
10 Year147.1%
15 Year589.94%
Volatility
ATR(14)2.5
ATR(20)%2.01%
ATR Inc-24.68%
Range Today2.98
ADR(20)2.1
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.45
Mansfield1.36
10 Day High137.86
10 Day Low130.75
20 Day High137.86
20 Day Low120.03
52 Week High143.53
52 Week Low88.74
CS1 End134.49
CR1 StartN/A
Volume & EV
DER(3)-3.21%
DER(5)-2.07%
Volume23.12K
Volume Incr-13.41%
Vol(5)20.72K
Vol(50)23.16K