FIRST TRUST IPOX EUROPE EQUI (FPXE) Stock Technical Analysis
NASDAQ:FPXE - Nasdaq - US33734X7883 - ETF - Currency: USD
We assign a technical rating of 10 out of 10 to FPXE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FPXE is showing a nice and steady performance.
Warning: FPXE has an average volume of 1868 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 FPXE is one of the better performing stocks in the market, outperforming 81% of all stocks.
FPXE 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 FPXE is performing more or less in line with the market.
In the last month FPXE has a been trading in the 27.89 - 31.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
FPXE has an excellent technical rating, but the quality of the setup is only medium 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
23.15
30.42
When analyzing the support we can see 4 important areas.
- A support zone ranging from 29.11 to 29.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @26.10 from a horizontal line in the daily time frame.
- Support @23.93 from a trend line in the weekly time frame.
- Support @23.38 from a horizontal line in the weekly 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 FPXE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FPXE is up. |
| ChartMill Relative Strength | 81.98 | POSITIVE | FPXE has a high relative strength, it outperformed 81.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FPXE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FPXE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FPXE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.54 | OVERBOUGHT | The high RSI value suggests FPXE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests FPXE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.79 | NEUTRAL | The Stochastics value for FPXE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.99 | LOW VOLATILITY | The low ATR as a percentage value for FPXE suggests low volalility. |
| Average Directional Index/ADX (14) | 40.95 | POSITIVE | The high ADX value value for FPXE suggests a strong 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)
NASDAQ:FPXE (6/3/2025, 8:13:26 PM)
30.1204
-0.31 (-1.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.02%
1 Week0.64%
2 Weeks2.74%
1 Month7.08%
3 Month11.87%
6 Month11.24%
12 Month16.47%
2 Year39%
3 Year55.5%
5 Year27.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%0.99%
ATR Inc367.96%
Range Today0.59
ADR(20)0.2
ADR(20)%0.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.98
Mansfield0.87
10 Day High31.49
10 Day Low29.26
20 Day High31.49
20 Day Low27.89
52 Week High31.49
52 Week Low21.14
CS1 End29.77
CR1 StartN/A
Volume & EV
DER(3)1%
DER(5)0.6%
Volume1.50K
Volume Incr116.34%
Vol(5)2.78K
Vol(50)1.87K