FIRST TRUST BALANCED INC ETF (FTBI) Stock Technical Analysis
USA - NYSEARCA:FTBI - US33738R5717 - ETF
Overall FTBI gets a technical rating of 5 out of 10. In the last year, FTBI was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
FTBI has an average technical rating and the quality of the presented setup is also 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.
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20.02
When analyzing the support we notice one important area.
- A support zone ranging from 20.22 to 21.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.33 to 21.33. 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 FTBI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTBI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | FTBI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTBI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTBI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 68.81 | NEUTRAL | The RSI value for FTBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FTBI has a negative trend. |
| Stochastics (14,3) | 91.88 | OVERBOUGHT | The high Stochastics value suggests FTBI may be overbought. |
| Average True Range in percent/ATR (20) | 0.48 | LOW VOLATILITY | The low ATR as a percentage value for FTBI suggests low volalility. |
| Average Directional Index/ADX (14) | 24.72 | NEUTRAL | The ADX value for FTBI suggests a possible start of a new trend. |
NYSEARCA:FTBI (9/19/2025, 8:11:16 PM)
21.3212
+0.06 (+0.29%)