FIRST TRUST ENH SHORT MAT FD (FTSM) Stock Technical Analysis
NASDAQ:FTSM - Nasdaq - US33739Q4082 - ETF - Currency: USD
Taking everything into account, FTSM scores 5 out of 10 in our technical rating. In the last year, FTSM was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long and short term trends are both positive. This is looking good!
FTSM has an average volume of 1113580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 54% of all stocks.
FTSM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FTSM is lagging the market slightly.
In the last month FTSM has a been trading in a tight range between 59.81 and 60.06.
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.
More info and screens
58.82
60.75
When analyzing the support we notice one important area.
- A support zone ranging from 59.41 to 59.91. 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 60.04 to 60.15. 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 FTSM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTSM is up. |
| ChartMill Relative Strength | 54.91 | NEUTRAL | FTSM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FTSM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTSM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTSM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.89 | NEUTRAL | The RSI value for FTSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FTSM has a positive trend. |
| Stochastics (14,3) | 93.33 | OVERBOUGHT | The high Stochastics value suggests FTSM may be overbought. |
| Average True Range in percent/ATR (20) | 0.07 | LOW VOLATILITY | The low ATR as a percentage value for FTSM suggests low volalility. |
| Average Directional Index/ADX (14) | 14.21 | NEGATIVE | The low ADX value for FTSM 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)
NASDAQ:FTSM (5/22/2025, 4:30:01 PM)
59.96
+0.03 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.05%
1 Week0.1%
2 Weeks0.2%
1 Month-0.02%
3 Month0%
6 Month0.05%
12 Month0.3%
2 Year0.81%
3 Year0.74%
5 Year0.2%
10 Year-0.18%
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.07%
ATR Inc0%
Range Today0.04
ADR(20)0.03
ADR(20)%0.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.91
Mansfield-0.24
10 Day High59.96
10 Day Low59.84
20 Day High60.06
20 Day Low59.81
52 Week High60.16
52 Week Low59.56
CS1 End59.91
CR1 Start60.04
Volume & EV
DER(3)-2.36%
DER(5)-1.17%
Volume835.88K
Volume Incr-15.82%
Vol(5)758.42K
Vol(50)1.11M