FIRST TRUST INTERNATIONAL EQ (FPXI) Stock Technical Analysis
NASDAQ:FPXI • US33734X8535
Overall FPXI gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FPXI is showing a nice and steady performance.
- Warning: FPXI has an average volume of 11050 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that FPXI is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, FPXI also shows a nice and consistent pattern of rising prices.
- FPXI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month FPXI has a been trading in the 62.05 - 67.87 range, which is quite wide. It is currently trading near the high of this range.
Although FPXI has an excellent technical rating, it does not offer a high 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
43.25
When analyzing the support we can see 5 important areas.
- A support zone ranging from 62.19 to 62.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @61.08 from a trend line in the weekly time frame.
- A support zone ranging from 57.98 to 59.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @55.18 from a horizontal line in the daily time frame.
- Support @43.69 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 FPXI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FPXI is up. |
| ChartMill Relative Strength | 79.78 | POSITIVE | FPXI has a high relative strength, it outperformed 79.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FPXI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FPXI is above 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) | 62.25 | NEUTRAL | The RSI value for FPXI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests FPXI has a positive trend. |
| Stochastics (14,3) | 84.52 | OVERBOUGHT | The high Stochastics value suggests FPXI may be overbought. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for FPXI suggests low volalility. |
| Average Directional Index/ADX (14) | 21.47 | NEUTRAL | The ADX value for FPXI suggests a possible start of a new trend. |
67.29
+0.94 (+1.42%)
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 10 / 10 to FPXI.
What is the current trend direction of FIRST TRUST INTERNATIONAL EQ (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 62.2547. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for FIRST TRUST INTERNATIONAL EQ?
The buy/sell signal for FIRST TRUST INTERNATIONAL EQ (FPXI) is buy as both the short term and long term trends are positive.
What is the support and resistance level for FPXI stock?
FIRST TRUST INTERNATIONAL EQ (FPXI) has a support level at 62.7. Check the full technical report for our detailed analysis of FPXI support and resistance levels.