FIRST TRUST GLOBAL TACTICAL (FTGC) Stock Technical Analysis
NASDAQ:FTGC - Nasdaq - US33739H1014 - ETF - Currency: USD
We assign a technical rating of 9 out of 10 to FTGC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FTGC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, FTGC did better than 75% of all other stocks.
FTGC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month FTGC has a been trading in a tight range between 24.51 and 25.97.
Considerably lower volume is observed in the last couple of days.
Although FTGC has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
22.08
26.12
3 important support areas can be observed.
- A support zone ranging from 24.51 to 24.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.15 to 23.97. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 22.30 to 22.70. 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 25.55 to 25.86. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS75.89
Mansfield-0.07
10 Day High25.97
10 Day Low25.17
20 Day High25.97
20 Day Low24.51
52 Week High25.97
52 Week Low22.22
Performance
1 Week-0.43%
2 Weeks1.51%
1 Month2.57%
3 Month7%
6 Month10.71%
12 Month12.36%
2 Year8.27%
3 Year-3.33%
5 Year53.12%
10 Year1.79%
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)0.01
RSI(14)60.56
LBB24.94
UBB26
25.54
-0.32 (-1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.24%
1 Week-0.43%
2 Weeks1.51%
1 Month2.57%
3 Month7%
6 Month10.71%
12 Month12.36%
2 Year8.27%
3 Year-3.33%
5 Year53.12%
10 Year1.79%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%0.85%
ATR Inc10.86%
Range Today0.21
ADR(20)0.18
ADR(20)%0.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.89
Mansfield-0.07
10 Day High25.97
10 Day Low25.17
20 Day High25.97
20 Day Low24.51
52 Week High25.97
52 Week Low22.22
CS1 End24.68
CR1 Start25.55
Volume & EV
DER(3)4.59%
DER(5)0.68%
Volume259.10K
Volume Incr-55.83%
Vol(5)246.62K
Vol(50)533.21K