(FGM) First Trust complete technical analysis [charts+indicators] | Buy/Sell First Trust | (FGM) share price targets
Complete technical analysis of First Trust (FGM) by charts plus indicators, forecast predictions and share price targets for First Trust (FGM)
First Trust trades in USA in N A sector.
10 day averaged volume of First Trust is 1230
|Date||Daily Closing Price||Open||High||Low||Volume|
|04 Tue Oct 2022||30.17||29.95||30.37||29.95||0.569 times|
|03 Mon Oct 2022||29.12||28.63||29.12||28.63||0.407 times|
|30 Fri Sep 2022||28.32||28.32||28.32||28.32||0.081 times|
|29 Thu Sep 2022||28.12||28.12||28.20||28.05||1.545 times|
|28 Wed Sep 2022||28.93||28.86||28.93||28.86||0.569 times|
|27 Tue Sep 2022||28.30||28.95||28.95||28.30||2.358 times|
|26 Mon Sep 2022||29.28||29.18||29.28||28.71||0.894 times|
|23 Fri Sep 2022||28.94||29.84||29.84||28.94||1.057 times|
|22 Thu Sep 2022||31.81||31.20||31.81||31.20||0.976 times|
|21 Wed Sep 2022||30.76||31.87||31.93||30.76||0.976 times|
My analysis of stock is bearish for shortterm, and stock might move down till 29.1 or till 26.7. Use a stoploss of 31.2 and if the stock hits stoploss, then it can shoot up till 33.26
Share price targets for First Trust (FGM)
Intraday share price targets for First Trust (FGM)
|Downside Intraday Target||29.08|
|Downside Intraday Target||27.98|
|Upside Intraday Target||30.82|
|Upside Intraday Target||31.46|
|Downside Intraday Target||29.72|
Weekly technical analysis of First Trust (FGM)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|04 Tue Oct 2022||30.17||28.63||30.37||28.63||0.179 times|
|30 Fri Sep 2022||28.32||29.18||29.28||28.05||0.387 times|
|23 Fri Sep 2022||28.94||32.00||32.65||28.94||4.436 times|
|16 Fri Sep 2022||31.95||34.38||34.84||31.94||0.765 times|
|09 Fri Sep 2022||33.40||32.39||33.46||32.00||0.459 times|
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of First Trust (FGM)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|04 Tue Oct 2022||30.17||28.63||30.37||28.63||0.018 times|
|30 Fri Sep 2022||28.32||32.14||34.84||28.05||0.67 times|
|31 Wed Aug 2022||32.74||34.74||35.59||32.08||1.239 times|
|29 Fri Jul 2022||34.51||34.01||34.77||31.13||3.24 times|
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of First Trust (FGM)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||32, 35, 5||Sell|
Price action analysis of First Trust ( (FGM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of First Trust ( (FGM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of First Trust ( (FGM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of First Trust ( (FGM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for First Trust stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for First Trust in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
First Trust Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for First Trust in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of First Trust is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 29.24 and First Trust (FGM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the First Trust (FGM) stock. Volume based technical analysis of First Trust (FGM) stock is negative.
First Trust Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.