FIRST TRUST INTERNATIONAL EQ (FPXI) Stock Technical Analysis
USA - NASDAQ:FPXI - US33734X8535 - ETF
Overall FPXI gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
FPXI has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 59.11, a Stop Loss order could be placed below this zone.
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43.25
When analyzing the support we can see 2 important areas.
- A support zone ranging from 57.98 to 59.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @43.69 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 59.68 to 60.01. 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 61.35 to 62.29. 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 FPXI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FPXI is down. |
| ChartMill Relative Strength | 77.05 | POSITIVE | FPXI has a high relative strength, it outperformed 77.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FPXI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FPXI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FPXI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.52 | NEUTRAL | The RSI value for FPXI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests FPXI has a negative trend. |
| Stochastics (14,3) | 46 | NEUTRAL | The Stochastics value for FPXI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for FPXI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.71 | NEGATIVE | The low ADX value for FPXI suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 60.02 | 57.97 | 2.05 (3.42%) | 25.00% |
| An entry @60.02. This is a Buy Stop order right above the resistance zone. | An exit @57.97. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.05 points, which is 3.42%. | For a 0.85% 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.
59.35
-0.1 (-0.17%)
FIRST TRUST INTERNATIONAL EQ / FPXI FAQ
What is the ChartMill technical rating of FIRST TRUST INTERNATIONAL EQ (FPXI) stock?
ChartMill assigns a technical rating of 6 / 10 to FPXI.
What is the trend direction for FPXI stock?
The current trend direction for FIRST TRUST INTERNATIONAL EQ (FPXI) is Bullish.
Can you provide the RSI signal for FIRST TRUST INTERNATIONAL EQ?
FIRST TRUST INTERNATIONAL EQ (FPXI) has an RSI value of 46.5177. This indicates that the stock is currently neutral.
What is the MACD signal for FPXI stock?
The MACD indicator for FIRST TRUST INTERNATIONAL EQ (FPXI) has a value of -0.109345, indicating a bearish trend.
What is the buy/sell signal for FIRST TRUST INTERNATIONAL EQ (FPXI) stock?
The buy/sell signal for FIRST TRUST INTERNATIONAL EQ (FPXI) is hold as the short term and long term trends are mixed.