Overall FTGS gets a technical rating of 5 out of 10. FTGS has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
FTGS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 36.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 35.47, a Stop Loss order could be placed below this zone.
More info and screens
33.34
We found 1 important support area.
- A support zone ranging from 33.68 to 35.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 36.05 to 36.59. 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 FTGS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FTGS is neutral. |
| ChartMill Relative Strength | 59.5 | NEUTRAL | FTGS is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of FTGS is above a declining 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) | 54.21 | NEUTRAL | The RSI value for FTGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FTGS has a positive trend. |
| Stochastics (14,3) | 30.65 | NEUTRAL | The Stochastics value for FTGS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for FTGS suggests low volalility. |
| Average Directional Index/ADX (14) | 17.13 | NEGATIVE | The low ADX value for FTGS suggests a weak or negative trend. |
35.53
+0.33 (+0.93%)
FIRST TRUST GRWTH STRGTH ETF / FTGS FAQ
What is the technical rating for FTGS stock?
ChartMill assigns a technical rating of 5 / 10 to FTGS.
Can you provide the trend direction for FIRST TRUST GRWTH STRGTH ETF?
The current trend direction for FIRST TRUST GRWTH STRGTH ETF (FTGS) is Bullish.
Can you provide the RSI signal for FIRST TRUST GRWTH STRGTH ETF?
FIRST TRUST GRWTH STRGTH ETF (FTGS) has an RSI value of 54.209. This indicates that the stock is currently neutral.
What is the short term momentum for FIRST TRUST GRWTH STRGTH ETF (FTGS) stock?
The short term momentum for FIRST TRUST GRWTH STRGTH ETF (FTGS) is neutral.
Can you provide the support and resistance levels for FIRST TRUST GRWTH STRGTH ETF?
FIRST TRUST GRWTH STRGTH ETF (FTGS) has a support level at 35.47 and a resistance level at 36.05. Check the full technical report for our detailed analysis of FTGS support and resistance levels.