Logo image of FTSM

FIRST TRUST ENH SHORT MAT FD (FTSM) Stock Technical Analysis

NASDAQ:FTSM - Nasdaq - US33739Q4082 - ETF - Currency: USD

59.895  +0.03 (+0.04%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to FTSM. FTSM has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

FTSM has an average volume of 1071100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, FTSM turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
FTSM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FTSM is lagging the market.
In the last month FTSM has a been trading in a tight range between 59.79 and 60.02.
Weekly and Daily overview Charts
FIRST TRUST ENH SHORT MAT FD / FTSM Weekly stock chart
FIRST TRUST ENH SHORT MAT FD / FTSM Daily stock chart
Setup Rating and Analysis

7

FTSM has an average technical rating and the quality of the presented setup is also not ideal 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.

Support and Resistance Analysis

58.83

60.76

When analyzing the support we notice one important area.

  • A support zone ranging from 59.42 to 59.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 59.90 to 60.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for FTSM is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for FTSM is neutral.
ChartMill Relative Strength40.12NEUTRALFTSM is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of FTSM is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of FTSM is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of FTSM is below a declining SMA(200).
Relative Strength Index/RSI (14)51.52NEUTRALThe RSI value for FTSM is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests FTSM has a negative trend, although the MACD value is rising.
Stochastics (14,3)36.96NEUTRALThe Stochastics value for FTSM is a neutral value.
Average True Range in percent/ATR (20)0.07LOW VOLATILITYThe low ATR as a percentage value for FTSM suggests low volalility.
Average Directional Index/ADX (14)14.95NEGATIVEThe low ADX value for FTSM suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
FIRST TRUST ENH SHORT MAT FD / FTSM Daily stock chart

FIRST TRUST ENH SHORT MAT FD

NASDAQ:FTSM (6/12/2025, 4:30:01 PM)

59.895

+0.03 (+0.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.04%
1 Week0.09%
2 Weeks-0.19%
1 Month0.08%
3 Month-0.03%
6 Month0.01%
12 Month0.28%
2 Year0.82%
3 Year0.87%
5 Year-0.16%
10 Year-0.19%
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%0.07%
ATR Inc-26.87%
Range Today0.02
ADR(20)0.03
ADR(20)%0.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.12
Mansfield-0.52
10 Day High59.91
10 Day Low59.79
20 Day High60.02
20 Day Low59.79
52 Week High60.16
52 Week Low59.58
CS1 End59.89
CR1 Start59.9
Volume & EV
DER(3)1.68%
DER(5)1.7%
Volume1.36M
Volume Incr2.17%
Vol(5)754.73K
Vol(50)1.07M