We assign a technical rating of 3 out of 10 to FTMA. In the last year, FTMA was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, FTMA does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.97, a Stop Loss order could be placed below this zone.
More info and screens
8.87
When analyzing the support we notice one important area.
- A support zone ranging from 8.96 to 8.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 8.99 to 9.06. 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 FTMA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTMA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | FTMA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FTMA is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 40.19 | NEUTRAL | The RSI value for FTMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests FTMA has a negative trend. |
| Stochastics (14,3) | 35.72 | NEUTRAL | The Stochastics value for FTMA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.68 | LOW VOLATILITY | The low ATR as a percentage value for FTMA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.08 | NEGATIVE | The low ADX value for FTMA suggests a weak or negative trend. |
NYSEARCA:FTMA (12/12/2025, 8:04:00 PM)
8.98
-0.02 (-0.22%)
FR MASSACHUSETTS MUN INC ETF / FTMA FAQ
What is the technical rating for FTMA stock?
ChartMill assigns a technical rating of 3 / 10 to FTMA.
Can you provide the trend direction for FR MASSACHUSETTS MUN INC ETF?
The current trend direction for FR MASSACHUSETTS MUN INC ETF (FTMA) is Bullish.
What is the RSI signal for FR MASSACHUSETTS MUN INC ETF (FTMA) stock?
FR MASSACHUSETTS MUN INC ETF (FTMA) has an RSI value of 40.1936. This indicates that the stock is currently neutral.
What is the short term momentum for FTMA stock?
The short term momentum for FR MASSACHUSETTS MUN INC ETF (FTMA) is positive.
What is the support and resistance level for FTMA stock?
FR MASSACHUSETTS MUN INC ETF (FTMA) has a support level at 8.97 and a resistance level at 8.99. Check the full technical report for our detailed analysis of FTMA support and resistance levels.