FIRST TRUST NYSE ARCA BIOTEC (FBT) Stock Technical Analysis
NYSEARCA:FBT - NYSE Arca - US33733E2037 - ETF - Currency: USD
Overall FBT gets a technical rating of 6 out of 10. FBT was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Warning: FBT has an average volume of 25748 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that FBT is one of the better performing stocks in the market, outperforming 77% of all stocks. We also observe that the gains produced by FBT over the past year are nicely spread over this period.
FBT is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so FBT slightly outperforms the market at the moment.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month FBT has a been trading in a tight range between 170.34 and 179.77.
FBT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 172.91, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FBT in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
156.98
184.02
When analyzing the support we can see 4 important areas.
- A support zone ranging from 168.71 to 172.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 164.62 to 164.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 161.65 to 161.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @158.57 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 174.35 to 175.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 178.69 to 182.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.54
Mansfield0.34
10 Day High178.9
10 Day Low170.34
20 Day High179.77
20 Day Low170.34
52 Week High183.6
52 Week Low140.36
Performance
1 Week-0.85%
2 Weeks-2.2%
1 Month-3.37%
3 Month-0.82%
6 Month5.68%
12 Month12.24%
2 Year12.22%
3 Year16.65%
5 Year32.69%
10 Year47.15%
15 Year368.19%
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)-0.45
RSI(14)46.67
LBB170.97
UBB179.83
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 175.22 | 170.33 | 4.89 (2.79%) | 25.00% |
| An entry @175.22. This is a Buy Stop order right above the resistance zone. | An exit @170.33. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.89 points, which is 2.79%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.70%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:FBT (3/7/2025, 8:23:39 PM)
173.979
+0.51 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.3%
1 Week-0.85%
2 Weeks-2.2%
1 Month-3.37%
3 Month-0.82%
6 Month5.68%
12 Month12.24%
2 Year12.22%
3 Year16.65%
5 Year32.69%
10 Year47.15%
15 Year368.19%
Volatility
ATR(14)2.59
ATR(20)%1.5%
ATR Inc10.28%
Range Today3.24
ADR(20)2.53
ADR(20)%1.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.54
Mansfield0.34
10 Day High178.9
10 Day Low170.34
20 Day High179.77
20 Day Low170.34
52 Week High183.6
52 Week Low140.36
CS1 End172.91
CR1 Start174.35
Volume & EV
DER(3)3.92%
DER(5)3.04%
Volume16.10K
Volume Incr-13.23%
Vol(5)19.06K
Vol(50)25.75K