We assign a technical rating of 8 out of 10 to FXN. Although FXN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although FXN 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.
15.02
4 important support areas can be observed.
We found 1 important resistance area.
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 FXN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FXN is up. |
| ChartMill Relative Strength | 74.58 | POSITIVE | FXN has a high relative strength, it outperformed 74.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FXN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FXN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FXN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.15 | OVERBOUGHT | The high RSI value suggests FXN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests FXN has a positive trend. |
| Stochastics (14,3) | 95.41 | OVERBOUGHT | The high Stochastics value suggests FXN may be overbought. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for FXN suggests some volalility. |
| Average Directional Index/ADX (14) | 43.33 | POSITIVE | The high ADX value value for FXN suggests a strong trend. |
NYSEARCA:FXN (2/11/2026, 8:26:45 PM)
19.54
+0.51 (+2.68%)
ChartMill assigns a technical rating of 8 / 10 to FXN.
The current trend direction for FIRST TRUST ENERGY ALPHADEX (FXN) is Bullish.
FIRST TRUST ENERGY ALPHADEX (FXN) has an RSI value of 73.1492. This indicates that the stock is currently overbought.
The buy/sell signal for FIRST TRUST ENERGY ALPHADEX (FXN) is buy as both the short term and long term trends are positive.
FIRST TRUST ENERGY ALPHADEX (FXN) has a support level at 18.12 and a resistance level at 19.55. Check the full technical report for our detailed analysis of FXN support and resistance levels.