FIRST TRUST GLOBAL TACTICAL (FTGC) Stock Technical Analysis
NASDAQ:FTGC - Nasdaq - US33739H1014 - ETF - Currency: USD
Overall FTGC gets a technical rating of 2 out of 10. FTGC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, FTGC outperforms 43% of them, which is more or less in line with the market.
FTGC 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 FTGC is lagging the market slightly.
In the last month FTGC has a been trading in a tight range between 24.02 and 24.84.
FTGC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 24.29, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FTGC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
22.08
26.12
We found 3 important support areas.
- A support zone ranging from 24.18 to 24.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.31 to 23.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 22.30 to 22.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 24.47 to 24.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.21 to 25.86. 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 | NEUTRAL | NEUTRAL | The long term trend for FTGC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FTGC is neutral. |
| ChartMill Relative Strength | 43.82 | NEUTRAL | FTGC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FTGC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FTGC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTGC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.61 | NEUTRAL | The RSI value for FTGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FTGC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.16 | NEUTRAL | The Stochastics value for FTGC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for FTGC suggests low volalility. |
| Average Directional Index/ADX (14) | 10.66 | NEGATIVE | The low ADX value for FTGC 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)
NASDAQ:FTGC (5/22/2025, 8:06:35 PM)
24.4
-0.21 (-0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.85%
1 Week-0.45%
2 Weeks0.16%
1 Month-1.45%
3 Month-4.46%
6 Month2.22%
12 Month-0.08%
2 Year11.57%
3 Year-16.44%
5 Year61.48%
10 Year-0.69%
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%0.96%
ATR Inc-24.44%
Range Today0.12
ADR(20)0.19
ADR(20)%0.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.82
Mansfield-0.1
10 Day High24.84
10 Day Low24.3
20 Day High24.84
20 Day Low24.02
52 Week High25.97
52 Week Low22.22
CS1 End24.29
CR1 Start24.47
Volume & EV
DER(3)6%
DER(5)4.4%
Volume379.10K
Volume Incr30.39%
Vol(5)547.18K
Vol(50)607.05K