NASDAQ:FEMS - Nasdaq - US33737J3077 - ETF - Currency: USD
Taking everything into account, FEMS scores 2 out of 10 in our technical rating. FEMS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, FEMS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 37.85. Right above this resistance zone may be a good entry point.
36.55
We can see 3 important resistance areas.
36.92
-0.02 (-0.05%)