We assign a technical rating of 6 out of 10 to FVD. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FVD is only an average performer.
FVD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 46.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 46.70, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
41.47
When analyzing the support we can see 4 important areas.
- A support zone ranging from 45.85 to 46.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 44.78 to 44.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @43.10 from a trend line in the weekly time frame.
- A support zone ranging from 41.89 to 42.23. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 46.86 to 46.87. 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 FVD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FVD is neutral. |
| ChartMill Relative Strength | 52.65 | NEUTRAL | FVD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FVD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FVD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FVD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.99 | NEUTRAL | The RSI value for FVD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FVD has a positive trend. |
| Stochastics (14,3) | 69.9 | NEUTRAL | The Stochastics value for FVD is a neutral value. |
| Average True Range in percent/ATR (20) | 0.74 | LOW VOLATILITY | The low ATR as a percentage value for FVD suggests low volalility. |
| Average Directional Index/ADX (14) | 10.64 | NEGATIVE | The low ADX value for FVD suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 46.88 | 45.78 | 1.10 (2.35%) | 25.00% |
| An entry @46.88. This is a Buy Stop order right above the resistance zone. | An exit @45.78. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.10 points, which is 2.35%. | For a 0.59% 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.
46.71
+0.06 (+0.13%)
FIRST TRUST VALUE LINE DVD / FVD FAQ
What is the ChartMill technical rating of FIRST TRUST VALUE LINE DVD (FVD) stock?
ChartMill assigns a technical rating of 6 / 10 to FVD.
What is the current trend direction of FIRST TRUST VALUE LINE DVD (FVD) stock?
The current trend direction for FIRST TRUST VALUE LINE DVD (FVD) is Bullish.
What is the RSI signal for FIRST TRUST VALUE LINE DVD (FVD) stock?
FIRST TRUST VALUE LINE DVD (FVD) has an RSI value of 58.9949. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FIRST TRUST VALUE LINE DVD?
The MACD indicator for FIRST TRUST VALUE LINE DVD (FVD) has a value of 0.0224484, indicating a bearish trend.