FIRST TRUST DORSEY WRIGHT DY (FVC) Stock Technical Analysis
NASDAQ:FVC - Nasdaq - US33738R8786 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to FVC. In the past year, FVC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, FVC is a bad performer in the overall market: 61% of all stocks are doing better.
Warning: FVC has an average volume of 21010 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
FVC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FVC is lagging the market.
In the last month FVC has a been trading in a tight range between 35.13 and 35.79.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, FVC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 35.47, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FVC in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
33.10
39.23
3 important support areas can be observed.
- A support zone ranging from 35.06 to 35.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.07 from a trend line in the weekly time frame.
- Support @33.43 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 36.20 to 36.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 38.63 to 38.84. 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 | NEUTRAL | NEUTRAL | The long term trend for FVC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FVC is up. |
| ChartMill Relative Strength | 39.35 | NEUTRAL | FVC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FVC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FVC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FVC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.21 | NEUTRAL | The RSI value for FVC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FVC has a positive trend. |
| Stochastics (14,3) | 92.75 | OVERBOUGHT | The high Stochastics value suggests FVC may be overbought. |
| Average True Range in percent/ATR (20) | 0.5 | LOW VOLATILITY | The low ATR as a percentage value for FVC suggests low volalility. |
| Average Directional Index/ADX (14) | 20.01 | NEUTRAL | The ADX value for FVC suggests a possible start of a new 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:FVC (7/3/2025, 7:30:08 PM)
35.68
+0.19 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.54%
1 Week1.19%
2 Weeks1.11%
1 Month0.96%
3 Month6.7%
6 Month-2.99%
12 Month0.85%
2 Year2.97%
3 Year0.11%
5 Year37.42%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%0.5%
ATR Inc9.53%
Range Today0.12
ADR(20)0.16
ADR(20)%0.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.35
Mansfield-0.8
10 Day High35.68
10 Day Low35.13
20 Day High35.79
20 Day Low35.13
52 Week High39.21
52 Week Low30.39
CS1 End35.47
CR1 Start36.2
Volume & EV
DER(3)4.79%
DER(5)3.91%
Volume272.40K
Volume Incr696.65%
Vol(5)80.94K
Vol(50)21.01K