FIRST TRUST GRWTH STRGTH ETF (FTGS) Stock Technical Analysis
NASDAQ:FTGS - Nasdaq - US33733E8232 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to FTGS. FTGS has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
FTGS is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so FTGS is leading the market.
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 good ranking is mostly due to the recent strong move.
In the last month FTGS has a been trading in a tight range between 32.00 and 33.55.
Although the technical rating is only medium, FTGS does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 32.68, a Stop Loss order could be placed below this zone.
More info and screens
27.30
33.78
We found 2 important support areas.
- A support zone ranging from 31.85 to 32.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.58 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.95 to 33.45. 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 | 72.2 | POSITIVE | FTGS has a high relative strength, it outperformed 72.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FTGS is below a declining 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) | 53.96 | NEUTRAL | The RSI value for FTGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests FTGS has a negative trend. |
| Stochastics (14,3) | 54.71 | NEUTRAL | The Stochastics value for FTGS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for FTGS suggests low volalility. |
| Average Directional Index/ADX (14) | 17.03 | NEGATIVE | The low ADX value for FTGS 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)
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 |
|---|---|---|---|
| 33.46 | 32.60 | 0.86 (2.57%) | 25.00% |
| An entry @33.46. This is a Buy Stop order right above the resistance zone. | An exit @32.60. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.86 points, which is 2.57%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.64%. |
- 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.
NASDAQ:FTGS (6/18/2025, 2:07:02 PM)
32.92
+0.03 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.09%
1 Week-1.11%
2 Weeks-0.57%
1 Month-1.38%
3 Month9.93%
6 Month4.05%
12 Month7.34%
2 Year40.1%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%1.32%
ATR Inc37.51%
Range Today0.23
ADR(20)0.37
ADR(20)%1.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.2
Mansfield0.09
10 Day High33.55
10 Day Low32.61
20 Day High33.55
20 Day Low32
52 Week High33.55
52 Week Low25.74
CS1 End32.68
CR1 Start32.95
Volume & EV
DER(3)2.97%
DER(5)-0.12%
Volume59.05K
Volume Incr73.45%
Vol(5)210.18K
Vol(50)182.15K