FIRST TRUST DIVIDEND STRENGT (FTDS) Technical Analysis
NASDAQ:FTDS • US33733E7085
Current stock price
FTDS Technical Rating and Analysis
Taking everything into account, FTDS 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, FTDS is only an average performer.
- Warning: FTDS has an average volume of 1320 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.
- FTDS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FTDS is lagging the market slightly.
- When comparing the performance of all stocks over the past year, FTDS turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
- In the last month FTDS has a been trading in a tight range between 59.70 and 61.75.
- Volume is considerably higher in the last couple of days.
FTDS Weekly and Daily overview Charts
FTDS Setup Rating and Analysis
FTDS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 61.19, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
FTDS Support and Resistance Analysis
54.40
3 important support areas can be observed.
- A support zone ranging from 60.37 to 61.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 58.60 to 59.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 54.95 to 56.14. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 62.68 to 63.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
FTDS Technical Indicator Signal Analysis
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 FTDS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTDS is up. |
| ChartMill Relative Strength | 64.15 | NEUTRAL | FTDS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTDS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FTDS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTDS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.65 | NEUTRAL | The RSI value for FTDS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests FTDS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.92 | NEUTRAL | The Stochastics value for FTDS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.77 | LOW VOLATILITY | The low ATR as a percentage value for FTDS suggests low volalility. |
| Average Directional Index/ADX (14) | 15.32 | NEGATIVE | The low ADX value for FTDS suggests a weak or negative trend. |
FTDS Chart- and CandleStick Pattern Analysis
FTDS Example Setup
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 |
|---|---|---|---|
| 61.76 | 60.70 | 1.06 (1.71%) | 25.00% |
| An entry @61.76. This is a Buy Stop order right above the 10 day high. | An exit @60.70. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.06 points, which is 1.71%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.43%. |
- 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.
FTDS Technicals: Chart, Performance Metrics, Trend & Indicators
61.35
+0.06 (+0.1%)
FIRST TRUST DIVIDEND STRENGT / FTDS TA FAQ
Can you provide the ChartMill technical rating for FIRST TRUST DIVIDEND STRENGT?
ChartMill assigns a technical rating of 6 / 10 to FTDS.
Can you provide the trend direction for FIRST TRUST DIVIDEND STRENGT?
The current trend direction for FIRST TRUST DIVIDEND STRENGT (FTDS) is Bullish.
Can you provide the RSI signal for FIRST TRUST DIVIDEND STRENGT?
FIRST TRUST DIVIDEND STRENGT (FTDS) has an RSI value of 55.6531. This indicates that the stock is currently neutral.
What is the buy/sell signal for FTDS stock?
The buy/sell signal for FIRST TRUST DIVIDEND STRENGT (FTDS) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for FIRST TRUST DIVIDEND STRENGT (FTDS) stock?
FIRST TRUST DIVIDEND STRENGT (FTDS) has a support level at 61.19 and a resistance level at 62.68. Check the full technical report for our detailed analysis of FTDS support and resistance levels.