FIRST TRUST L C VAL ALP (FTA) Stock Technical Analysis
NASDAQ:FTA - Nasdaq - US33735J1016 - ETF - Currency: USD
Overall FTA gets a technical rating of 4 out of 10. In the past year, FTA was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the performance of all stocks over the past year, FTA turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
FTA 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 FTA is lagging the market slightly.
In the last month FTA has a been trading in a tight range between 73.25 and 77.63.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, FTA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
68.74
82.60
When analyzing the support we notice one important area.
- A support zone ranging from 69.43 to 70.28. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 75.56 to 77.10. 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 78.81 to 78.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @81.78 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 | NEUTRAL | NEUTRAL | The long term trend for FTA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTA is up. |
| ChartMill Relative Strength | 43.12 | NEUTRAL | FTA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FTA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FTA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FTA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.13 | NEUTRAL | The RSI value for FTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests FTA has a negative trend. |
| Stochastics (14,3) | 38.87 | NEUTRAL | The Stochastics value for FTA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.29 | LOW VOLATILITY | The low ATR as a percentage value for FTA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.01 | NEGATIVE | The low ADX value for FTA suggests a weak or negative 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)
75.5115
-0.29 (-0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.38%
1 Week0.47%
2 Weeks-1.61%
1 Month3.05%
3 Month-3.76%
6 Month-9.56%
12 Month0.41%
2 Year21.17%
3 Year7.67%
5 Year67.3%
10 Year70.76%
15 Year225.76%
Volatility
ATR(14)1.01
ATR(20)%1.29%
ATR Inc-32.39%
Range Today0.64
ADR(20)0.76
ADR(20)%1.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.12
Mansfield-0.49
10 Day High77.63
10 Day Low74.35
20 Day High77.63
20 Day Low73.25
52 Week High83.93
52 Week Low66.01
CS1 End70.28
CR1 Start75.56
Volume & EV
DER(3)-1.19%
DER(5)1.32%
Volume30.50K
Volume Incr-47.61%
Vol(5)25.42K
Vol(50)50.41K