FIRST TRUST EUROPE (FEP) Stock Technical Analysis
NASDAQ:FEP - Nasdaq - US33737J1170 - ETF - Currency: USD
Taking everything into account, FEP scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, FEP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, FEP also presents a decent setup pattern. 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 42.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.66, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FEP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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34.71
5 important support areas can be observed.
- A support zone ranging from 40.12 to 41.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.12 from a horizontal line in the daily time frame.
- Support @37.20 from a horizontal line in the weekly time frame.
- A support zone ranging from 36.31 to 36.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 35.06 to 35.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 42.72 to 43.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 |
|---|---|---|---|
| 43.03 | 40.11 | 2.92 (6.79%) | 14.74% |
| An entry @43.03. This is a Buy Stop order right above the resistance zone. | An exit @40.11. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.92 points, which is 6.79%. | For a 1.00% total portfolio risk, you can invest 14.74% of your capital in this trade. |
- 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.
NASDAQ:FEP (4/25/2025, 8:05:45 PM)
42.71
+0.3 (+0.71%)