FIRST TRUST DW FOCUS 5 FUND (FV) Stock Technical Analysis
NASDAQ:FV - Nasdaq - US33738R6053 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to FV. FV has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
FV is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the performance of all stocks over the past year, FV turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
FV 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 FV is lagging the market slightly.
In the last month FV has a been trading in a tight range between 56.17 and 58.41.
FV has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 57.24, a Stop Loss order could be placed below this zone.
More info and screens
49.11
63.67
When analyzing the support we can see 3 important areas.
- A support zone ranging from 56.60 to 57.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @50.73 from a trend line in the weekly time frame.
- Support @49.61 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 57.60 to 58.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @61.37 from a horizontal line in the daily time frame.
- A resistance zone ranging from 62.47 to 63.04. 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 FV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FV is up. |
| ChartMill Relative Strength | 50.2 | NEUTRAL | FV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FV is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.07 | NEUTRAL | The RSI value for FV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests FV has a negative trend. |
| Stochastics (14,3) | 67.54 | NEUTRAL | The Stochastics value for FV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.15 | LOW VOLATILITY | The low ATR as a percentage value for FV suggests low volalility. |
| Average Directional Index/ADX (14) | 14.44 | NEGATIVE | The low ADX value for FV 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 57.87 | 56.74 | 1.13 (1.95%) | 25.00% |
| An entry @57.87. This is a Buy Stop order right above the 10 day moving average. | An exit @56.74. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.13 points, which is 1.95%. | For a 0.49% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:FV (6/13/2025, 8:03:12 PM)
57.25
-0.8 (-1.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.38%
1 Week-1.7%
2 Weeks-0.38%
1 Month-0.93%
3 Month3.41%
6 Month-7.23%
12 Month0.56%
2 Year22.04%
3 Year38.22%
5 Year77.96%
10 Year134.15%
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%1.15%
ATR Inc9.92%
Range Today0.69
ADR(20)0.59
ADR(20)%1.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.2
Mansfield-0.48
10 Day High58.31
10 Day Low56.75
20 Day High58.41
20 Day Low56.17
52 Week High63.09
52 Week Low47.04
CS1 End57.24
CR1 Start57.6
Volume & EV
DER(3)-0.29%
DER(5)-1.23%
Volume270.00K
Volume Incr18.35%
Vol(5)137.74K
Vol(50)146.07K