FIRST TRUST CONSUMER STAPLES (FXG) Stock Technical Analysis
NYSEARCA:FXG - NYSE Arca - US33734X1191 - ETF - Currency: USD
Taking everything into account, FXG scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. FXG was also a bad performer in the overall market in the last year.
FXG has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 64.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 63.51, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FXG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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60.59
We found 1 important support area.
- A support zone ranging from 61.20 to 63.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 64.03 to 64.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 65.52 to 65.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @68.49 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 70.06 to 70.06. 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 FXG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FXG is up. |
| ChartMill Relative Strength | 39.8 | NEUTRAL | FXG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FXG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FXG is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FXG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.58 | NEUTRAL | The RSI value for FXG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests FXG has a positive trend. |
| Stochastics (14,3) | 69.04 | NEUTRAL | The Stochastics value for FXG is a neutral value. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for FXG suggests low volalility. |
| Average Directional Index/ADX (14) | 10.49 | NEGATIVE | The low ADX value for FXG suggests a weak or negative trend. |
NYSEARCA:FXG (6/20/2025, 8:04:00 PM)
63.97
+0.21 (+0.33%)