
FIRST TRUST CONSUMER DISCRET (FXD) Technical Analysis
NYSEARCA:FXD • US33734X1019
Current stock price
FXD Technical Rating and Analysis
Overall FXD gets a technical rating of 6 out of 10. FXD has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Warning: FXD has an average volume of 17746 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- FXD is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month FXD has a been trading in the 61.86 - 71.31 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, FXD turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
FXD Weekly and Daily overview Charts
FXD Setup Rating and Analysis
FXD has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
FXD Support and Resistance Analysis
61.43
When analyzing the support we can see 4 important areas.
- A support zone ranging from 72.19 to 72.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @70.20 from a horizontal line in the daily time frame.
- A support zone ranging from 65.83 to 67.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 62.05 to 63.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
FXD Technical Indicator Signal Analysis
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 FXD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FXD is up. |
| ChartMill Relative Strength | 64.01 | NEUTRAL | FXD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FXD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FXD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FXD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.68 | OVERBOUGHT | The high RSI value suggests FXD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.79 | POSITIVE | The MACD value suggests FXD has a positive trend. |
| Stochastics (14,3) | 96.35 | OVERBOUGHT | The high Stochastics value suggests FXD may be overbought. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for FXD suggests low volalility. |
| Average Directional Index/ADX (14) | 25.56 | POSITIVE | The high ADX value value for FXD suggests a strong trend. |
FXD Chart- and CandleStick Pattern Analysis
FXD Technicals: Chart, Performance Metrics, Trend & Indicators
72.27
+0.96 (+1.35%)
FIRST TRUST CONSUMER DISCRET / FXD TA FAQ
What is the technical rating for FXD stock?
ChartMill assigns a technical rating of 6 / 10 to FXD.
What is the trend direction for FXD stock?
The current trend direction for FIRST TRUST CONSUMER DISCRET (FXD) is Bearish.
What is the RSI signal for FIRST TRUST CONSUMER DISCRET (FXD) stock?
FIRST TRUST CONSUMER DISCRET (FXD) has an RSI value of 71.684. This indicates that the stock is currently overbought.
What is the MACD signal for FIRST TRUST CONSUMER DISCRET (FXD) stock?
The MACD indicator for FIRST TRUST CONSUMER DISCRET (FXD) has a value of 0.794693, indicating a bearish trend.