FIRST TRUST GLOBAL WIND ENER (FAN) Stock Technical Analysis
NYSEARCA:FAN - NYSE Arca - US33736G1067 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to FAN. FAN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, FAN is a bad performer in the overall market: 66% of all stocks are doing better.
FAN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FAN is lagging the market.
In the last month FAN has a been trading in a tight range between 14.33 and 15.15.
FAN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 15.02. Right above this resistance zone may be a good entry point. 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
14.25
18.31
We found 2 important support areas.
- A support zone ranging from 14.82 to 15.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.39 to 14.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 15.15 to 15.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.91 from a horizontal line in the daily time frame.
- Resistance @17.58 from a horizontal line in the daily time frame.
- Resistance @18.13 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.76
Mansfield-1.4
10 Day High15.15
10 Day Low14.64
20 Day High15.15
20 Day Low14.33
52 Week High18.15
52 Week Low14.3
Performance
1 Week-0.16%
2 Weeks0.37%
1 Month0.57%
3 Month-4.44%
6 Month-12.23%
12 Month0.1%
2 Year-13.14%
3 Year-24.42%
5 Year4.36%
10 Year36.67%
15 Year14.5%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)51.74
LBB14.53
UBB15.23
15.02
+0.05 (+0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.33%
1 Week-0.16%
2 Weeks0.37%
1 Month0.57%
3 Month-4.44%
6 Month-12.23%
12 Month0.1%
2 Year-13.14%
3 Year-24.42%
5 Year4.36%
10 Year36.67%
15 Year14.5%
Volatility
ATR(14)0.19
ATR(20)%1.42%
ATR Inc-10.1%
Range Today0.14
ADR(20)0.16
ADR(20)%1.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.76
Mansfield-1.4
10 Day High15.15
10 Day Low14.64
20 Day High15.15
20 Day Low14.33
52 Week High18.15
52 Week Low14.3
CS1 End14.95
CR1 Start15.02
Volume & EV
DER(3)0.49%
DER(5)0.26%
Volume38.78K
Volume Incr-38.25%
Vol(5)33.90K
Vol(50)49.75K