FIRST TRUST HEALTH CARE ALPH (FXH) Technical Analysis
NYSEARCA:FXH • US33734X1431
Current stock price
FXH Technical Rating and Analysis
Taking everything into account, FXH scores 2 out of 10 in our technical rating. FXH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Warning: FXH has an average volume of 26824 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month FXH has a been trading in the 104.53 - 111.94 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- When compared to the yearly performance of all other stocks, FXH outperforms 48% of them, which is more or less in line with the market.
- FXH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FXH is lagging the market slightly.
FXH Weekly and Daily overview Charts
FXH Setup Rating and Analysis
The technical rating of FXH is bad and it also does not present a quality setup 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
FXH Support and Resistance Analysis
103.53
When analyzing the support we notice one important area.
- A support zone ranging from 104.58 to 104.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 111.09 to 112.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 114.05 to 115.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 118.21 to 119.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
FXH 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 | DOWN | NEGATIVE | The long term trend for FXH is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FXH is up. |
| ChartMill Relative Strength | 48.52 | NEUTRAL | FXH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FXH is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FXH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FXH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.94 | NEUTRAL | The RSI value for FXH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.68 | POSITIVE | The MACD value suggests FXH has a positive trend. |
| Stochastics (14,3) | 90.48 | OVERBOUGHT | The high Stochastics value suggests FXH may be overbought. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for FXH suggests low volalility. |
| Average Directional Index/ADX (14) | 30.56 | POSITIVE | The high ADX value value for FXH suggests a strong trend. |
FXH Chart- and CandleStick Pattern Analysis
FXH Technicals: Chart, Performance Metrics, Trend & Indicators
110.57
+0.18 (+0.16%)
FIRST TRUST HEALTH CARE ALPH / FXH TA FAQ
What is the technical rating for FXH stock?
ChartMill assigns a technical rating of 2 / 10 to FXH.
Can you provide the trend direction for FIRST TRUST HEALTH CARE ALPH?
The current trend direction for FIRST TRUST HEALTH CARE ALPH (FXH) is Bearish.
What is the RSI signal for FXH stock?
FIRST TRUST HEALTH CARE ALPH (FXH) has an RSI value of 52.9425. This indicates that the stock is currently neutral.
What is the buy/sell signal for FXH stock?
The buy/sell signal for FIRST TRUST HEALTH CARE ALPH (FXH) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for FIRST TRUST HEALTH CARE ALPH (FXH) stock?
FIRST TRUST HEALTH CARE ALPH (FXH) has a support level at 104.75 and a resistance level at 111.09. Check the full technical report for our detailed analysis of FXH support and resistance levels.