FIRST TRUST GRWTH STRGTH ETF (FTGS) Stock Technical Analysis
NASDAQ:FTGS - Nasdaq - US33733E8232 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to FTGS. Although FTGS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
FTGS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FTGS is performing more or less in line with the market.
FTGS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the yearly performance of all stocks, we notice that FTGS is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Although FTGS has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
27.09
33.69
We found 2 important support areas.
- A support zone ranging from 31.88 to 32.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.36 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 32.85 to 33.36. This zone is formed by a combination of multiple trend lines and important moving averages 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 FTGS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTGS is up. |
| ChartMill Relative Strength | 72.3 | POSITIVE | FTGS has a high relative strength, it outperformed 72.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTGS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTGS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTGS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.42 | NEUTRAL | The RSI value for FTGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FTGS has a negative trend. |
| Stochastics (14,3) | 63.83 | NEUTRAL | The Stochastics value for FTGS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.58 | LOW VOLATILITY | The low ATR as a percentage value for FTGS suggests low volalility. |
| Average Directional Index/ADX (14) | 23.76 | NEUTRAL | The ADX value for FTGS suggests a possible start of a new 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:FTGS (5/23/2025, 8:17:42 PM)
32.26
-0.28 (-0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.86%
1 Week-3.24%
2 Weeks2.58%
1 Month7.78%
3 Month2.67%
6 Month-2.48%
12 Month6.36%
2 Year47.95%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%1.58%
ATR Inc-10.61%
Range Today0.37
ADR(20)0.42
ADR(20)%1.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.3
Mansfield0.2
10 Day High33.39
10 Day Low32
20 Day High33.39
20 Day Low29.48
52 Week High33.39
52 Week Low25.74
CS1 End32.25
CR1 Start32.85
Volume & EV
DER(3)-3.31%
DER(5)-0.62%
Volume121.20K
Volume Incr-29.35%
Vol(5)119.50K
Vol(50)216.35K