FIRST TRUST L C VAL ALP (FTA) Stock Technical Analysis
NASDAQ:FTA - Nasdaq - US33735J1016 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to FTA. FTA 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.
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 compared to the yearly performance of all other stocks, FTA outperforms 46% of them, which is more or less in line with the market.
FTA is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month FTA has a been trading in the 66.01 - 77.20 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.
FTA 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. There is a resistance zone just above the current price starting at 74.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 71.89, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FTA 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.
More info and screens
68.75
82.60
We found 2 important support areas.
- A support zone ranging from 71.49 to 71.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 69.44 to 69.86. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 74.35 to 75.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @77.38 from a horizontal line in the daily time frame.
- Resistance @78.95 from a horizontal line in the daily time frame.
- Resistance @81.78 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.28
Mansfield-0.2
10 Day High73.53
10 Day Low69.18
20 Day High77.2
20 Day Low66.01
52 Week High83.93
52 Week Low66.01
Performance
1 Week4.94%
2 Weeks4%
1 Month-3.58%
3 Month-6.81%
6 Month-5.71%
12 Month-0.72%
2 Year11.11%
3 Year8.31%
5 Year69.12%
10 Year63.13%
15 Year197.2%
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)0.48
RSI(14)51.13
LBB67.92
UBB74.37
73.26
+0.32 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.44%
1 Week4.94%
2 Weeks4%
1 Month-3.58%
3 Month-6.81%
6 Month-5.71%
12 Month-0.72%
2 Year11.11%
3 Year8.31%
5 Year69.12%
10 Year63.13%
15 Year197.2%
Volatility
ATR(14)2.19
ATR(20)%3.12%
ATR Inc-71.38%
Range Today0.77
ADR(20)1.95
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.28
Mansfield-0.2
10 Day High73.53
10 Day Low69.18
20 Day High77.2
20 Day Low66.01
52 Week High83.93
52 Week Low66.01
CS1 End71.89
CR1 Start74.35
Volume & EV
DER(3)11.39%
DER(5)5.27%
Volume23.90K
Volume Incr17.58%
Vol(5)63.86K
Vol(50)46.64K