Overall FWD gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FWD is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that FWD is one of the better performing stocks in the market, outperforming 82% of all stocks. On top of that, FWD also shows a nice and consistent pattern of rising prices.
- A new 52 week high is currently being made by FWD, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month FWD has a been trading in the 104.40 - 116.98 range, which is quite wide. It is currently trading near the high of this range.
Although FWD has an excellent technical rating, it does not present a decent entry opportunity 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
98.25
When analyzing the support we can see 4 important areas.
- A support zone ranging from 113.54 to 115.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 106.95 to 109.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @100.99 from a horizontal line in the daily time frame.
- Support @99.24 from a horizontal line in the daily time frame.
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 FWD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FWD is up. |
| ChartMill Relative Strength | 82.72 | POSITIVE | FWD has a high relative strength, it outperformed 82.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FWD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FWD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FWD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.14 | OVERBOUGHT | The high RSI value suggests FWD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests FWD has a positive trend. |
| Stochastics (14,3) | 90.11 | OVERBOUGHT | The high Stochastics value suggests FWD may be overbought. |
| Average True Range in percent/ATR (20) | 1.43 | LOW VOLATILITY | The low ATR as a percentage value for FWD suggests low volalility. |
| Average Directional Index/ADX (14) | 21.51 | NEUTRAL | The ADX value for FWD suggests a possible start of a new trend. |
116.7
+0.77 (+0.66%)
AB DISRUPTORS ETF / FWD FAQ
What is the ChartMill technical rating of AB DISRUPTORS ETF (FWD) stock?
ChartMill assigns a technical rating of 10 / 10 to FWD.
What is the current trend direction of AB DISRUPTORS ETF (FWD) stock?
The current trend direction for AB DISRUPTORS ETF (FWD) is Bullish.
What is the RSI signal for AB DISRUPTORS ETF (FWD) stock?
AB DISRUPTORS ETF (FWD) has an RSI value of 70.1402. This indicates that the stock is currently overbought.
What is the buy/sell signal for FWD stock?
The buy/sell signal for AB DISRUPTORS ETF (FWD) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for AB DISRUPTORS ETF (FWD) stock?
AB DISRUPTORS ETF (FWD) has a support level at 115.39. Check the full technical report for our detailed analysis of FWD support and resistance levels.