FIRST TRUST ENH SHORT MAT FD (FTSM) Stock Technical Analysis
NASDAQ:FTSM - Nasdaq - US33739Q4082 - ETF - Currency: USD
Taking everything into account, FTSM scores 3 out of 10 in our technical rating. In the last year, FTSM was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, FTSM is a bad performer in the overall market: 72% of all stocks are doing better.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
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 59.85 and 60.07.
Although the technical rating is bad, FTSM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 59.90, a Stop Loss order could be placed below this zone.
More info and screens
58.83
60.75
We found 1 important support area.
- A support zone ranging from 59.42 to 59.90. 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 59.91 to 60.15. 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 | 28.4 | NEGATIVE | FTSM has a low relative strength, it was outperformed by 71.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FTSM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FTSM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FTSM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.74 | NEUTRAL | The RSI value for FTSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FTSM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.28 | OVERSOLD | The low Stochastics value suggests FTSM may be oversold. |
| Average True Range in percent/ATR (20) | 0.06 | LOW VOLATILITY | The low ATR as a percentage value for FTSM suggests low volalility. |
| Average Directional Index/ADX (14) | 16.21 | 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 (7/11/2025, 8:16:57 PM)
59.9
+0.01 (+0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.02%
1 Week0.04%
2 Weeks-0.23%
1 Month0.05%
3 Month0.1%
6 Month0.17%
12 Month0.18%
2 Year0.74%
3 Year0.82%
5 Year-0.27%
10 Year-0.03%
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.06%
ATR Inc-41.18%
Range Today0.02
ADR(20)0.02
ADR(20)%0.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.4
Mansfield-0.75
10 Day High60.07
10 Day Low59.86
20 Day High60.07
20 Day Low59.86
52 Week High60.16
52 Week Low59.69
CS1 End59.9
CR1 Start59.91
Volume & EV
DER(3)1.9%
DER(5)-3.87%
Volume787.40K
Volume Incr-24.72%
Vol(5)650.72K
Vol(50)802.64K