Logo image of FCAN

Canada Alphadex Fund FT (FCAN) Stock Technical Analysis

NYSEARCA:FCAN - NYSE Arca - US33737J2087

20.68  -0.15 (-0.74%)

Technical Rating and Analysis

1

Overall FCAN gets a technical rating of 1 out of 10. FCAN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

65% of all other stocks performed better in the past year than FCAN.
Warning: FCAN has an average volume of 2261 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
FCAN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FCAN is lagging the market.
In the last month FCAN has a been trading in the 19.68 - 22.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
Canada Alphadex Fund FT / FCAN Weekly stock chart
Canada Alphadex Fund FT / FCAN Daily stock chart
Setup Rating and Analysis

3

The technical rating of FCAN 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.

Support and Resistance Analysis

19.77

25.78

When analyzing the support we notice one important area.

  • A support zone ranging from 19.97 to 20.52. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 21.01 to 21.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 21.76 to 21.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 22.31 to 22.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @24.72 from a trend line in the weekly time frame.
  • Resistance @25.52 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.4
Mansfield-0.68
10 Day High21.59
10 Day Low20.27
20 Day High22.49
20 Day Low19.68
52 Week High25.52
52 Week Low11.9
Performance
1 Week-3.27%
2 Weeks2.26%
1 Month-7.06%
3 Month-0.18%
6 Month22.71%
12 Month-13.33%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)44.54
LBB19.95
UBB21.76
Canada Alphadex Fund FT / FCAN Daily stock chart

Canada Alphadex Fund FT

NYSEARCA:FCAN (10/28/2020, 8:12:58 PM)

20.68

-0.15 (-0.74%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.74%
1 Week-3.27%
2 Weeks2.26%
1 Month-7.06%
3 Month-0.18%
6 Month22.71%
12 Month-13.33%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%1.91%
ATR Inc21.91%
Range Today0.52
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.4
Mansfield-0.68
10 Day High21.59
10 Day Low20.27
20 Day High22.49
20 Day Low19.68
52 Week High25.52
52 Week Low11.9
CS1 End20.52
CR1 Start21.01
Volume & EV
DER(3)14.47%
DER(5)8.68%
Volume69.60K
Volume Incr1441.12%
Vol(5)14.74K
Vol(50)2.26K