Taking everything into account, FTCS scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FTCS is only an average performer.
Although the technical rating is only medium, FTCS does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 92.57, a Stop Loss order could be placed below this zone.
More info and screens
83.13
3 important support areas can be observed.
- A support zone ranging from 89.83 to 92.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @86.39 from a horizontal line in the weekly time frame.
- Support @83.97 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 92.97 to 94.04. 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 FTCS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTCS is up. |
| ChartMill Relative Strength | 53.18 | NEUTRAL | FTCS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTCS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FTCS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTCS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.2 | NEUTRAL | The RSI value for FTCS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests FTCS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.71 | NEUTRAL | The Stochastics value for FTCS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.87 | LOW VOLATILITY | The low ATR as a percentage value for FTCS suggests low volalility. |
| Average Directional Index/ADX (14) | 12.66 | NEGATIVE | The low ADX value for FTCS 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 |
|---|---|---|---|
| 94.05 | 91.50 | 2.55 (2.71%) | 25.00% |
| An entry @94.05. This is a Buy Stop order right above the resistance zone. | An exit @91.50. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.55 points, which is 2.71%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.68%. |
- 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.
92.7656
+0.08 (+0.08%)
FIRST TRUST CAPITAL STRENGTH / FTCS FAQ
Can you provide the ChartMill technical rating for FIRST TRUST CAPITAL STRENGTH?
ChartMill assigns a technical rating of 6 / 10 to FTCS.
What is the current trend direction of FIRST TRUST CAPITAL STRENGTH (FTCS) stock?
The current trend direction for FIRST TRUST CAPITAL STRENGTH (FTCS) is Bullish.
What is the RSI signal for FIRST TRUST CAPITAL STRENGTH (FTCS) stock?
FIRST TRUST CAPITAL STRENGTH (FTCS) has an RSI value of 54.2049. This indicates that the stock is currently neutral.
What is the MACD signal for FTCS stock?
The MACD indicator for FIRST TRUST CAPITAL STRENGTH (FTCS) has a value of 0.113381, indicating a bearish trend.
What is the short term momentum for FTCS stock?
The short term momentum for FIRST TRUST CAPITAL STRENGTH (FTCS) is positive.