Taking everything into account, FTSM scores 5 out of 10 in our technical rating. FTSM has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
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.
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58.99
We found 1 important support area.
- A support zone ranging from 59.59 to 59.98. 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 60.00 to 60.14. 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 FTSM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FTSM is neutral. |
| ChartMill Relative Strength | 43.4 | NEUTRAL | FTSM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTSM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FTSM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FTSM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.54 | NEUTRAL | The RSI value for FTSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FTSM has a positive trend. |
| Stochastics (14,3) | 43.33 | NEUTRAL | The Stochastics value for FTSM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.05 | LOW VOLATILITY | The low ATR as a percentage value for FTSM suggests low volalility. |
| Average Directional Index/ADX (14) | 19.58 | NEGATIVE | The low ADX value for FTSM suggests a weak or negative trend. |
59.99
+0.01 (+0.02%)
FIRST TRUST ENH SHORT MAT FD / FTSM FAQ
What is the technical rating for FTSM stock?
ChartMill assigns a technical rating of 5 / 10 to FTSM.
What is the trend direction for FTSM stock?
The current trend direction for FIRST TRUST ENH SHORT MAT FD (FTSM) is Bullish.
Can you provide the RSI signal for FIRST TRUST ENH SHORT MAT FD?
FIRST TRUST ENH SHORT MAT FD (FTSM) has an RSI value of 52.5422. This indicates that the stock is currently neutral.
What is the short term momentum for FIRST TRUST ENH SHORT MAT FD (FTSM) stock?
The short term momentum for FIRST TRUST ENH SHORT MAT FD (FTSM) is neutral.
What is the support and resistance level for FTSM stock?
FIRST TRUST ENH SHORT MAT FD (FTSM) has a support level at 59.98 and a resistance level at 60. Check the full technical report for our detailed analysis of FTSM support and resistance levels.