FIRST TRUST NASDAQ RETAIL ET (FTXD) Stock Technical Analysis
NASDAQ:FTXD - Nasdaq - ETF
Overall FTXD gets a technical rating of 2 out of 10. Although FTXD is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
Warning: FTXD has an average volume of 13080 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, FTXD did better than 70% of all other stocks. However, FTXD's most recent performance is quite weak.
FTXD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FTXD is lagging the market.
In the last month FTXD has a been trading in the 32.04 - 36.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of FTXD is bad and it also does not present a quality setup 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
32.18
36.87
We found 1 important support area.
- A support zone ranging from 32.50 to 32.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 34.87 to 34.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 35.88 to 36.50. 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 | DOWN | NEGATIVE | The long term trend for FTXD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FTXD is down. |
| ChartMill Relative Strength | 70.43 | POSITIVE | FTXD has a high relative strength, it outperformed 70.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FTXD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FTXD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FTXD is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.67 | NEUTRAL | The RSI value for FTXD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests FTXD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.88 | NEUTRAL | The Stochastics value for FTXD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for FTXD suggests low volalility. |
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:FTXD (1/25/2022, 8:35:30 PM)
33.4037
-0.69 (-2.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.01%
1 Week-0.76%
2 Weeks-3.98%
1 Month-5.72%
3 Month-7.6%
6 Month-1.81%
12 Month13.3%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.71
ATR(20)%1.84%
ATR Inc181.28%
Range Today0.54
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.43
Mansfield-0.17
10 Day High35.33
10 Day Low32.04
20 Day High36.55
20 Day Low32.04
52 Week High39.01
52 Week Low28.07
CS1 End32.62
CR1 Start34.87
Volume & EV
DER(3)5.07%
DER(5)-9.94%
Volume4.70K
Volume Incr47.69%
Vol(5)13.72K
Vol(50)13.08K