FT MULTI-ASSET DIVERS INC (MDIV) Stock Technical Analysis
NASDAQ:MDIV - Nasdaq - US33738R1005 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to MDIV. Recently some decent action could be observed, but in the medium term time frame this is still negative. MDIV was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, MDIV does present a nice setup opportunity. 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 16.27. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.05, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
15.11
2 important support areas can be observed.
- A support zone ranging from 15.91 to 16.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.26 to 15.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 16.27 to 16.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 16.70 to 16.95. 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 MDIV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MDIV is up. |
| ChartMill Relative Strength | 36.86 | NEUTRAL | MDIV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MDIV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MDIV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MDIV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.14 | NEUTRAL | The RSI value for MDIV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MDIV has a positive trend. |
| Stochastics (14,3) | 87.64 | OVERBOUGHT | The high Stochastics value suggests MDIV may be overbought. |
| Average True Range in percent/ATR (20) | 0.79 | LOW VOLATILITY | The low ATR as a percentage value for MDIV suggests low volalility. |
| Average Directional Index/ADX (14) | 8.33 | NEGATIVE | The low ADX value for MDIV suggests a weak or negative trend. |
NASDAQ:MDIV (7/25/2025, 8:04:50 PM)
16.105
+0.03 (+0.16%)