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(FMY) First Trust complete technical analysis [charts+indicators] | Buy/Sell First Trust | (FMY) share price targets

Complete technical analysis of First Trust (FMY) by charts plus indicators, forecast predictions and share price targets for First Trust (FMY)

First Trust trades in USA in N A sector.

Showing technical analysis as on 2024-09-05 View latest technical analysis

10 day averaged volume of First Trust is 6550

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	12.25	12.32	12.37	12.25	0.626 times
04 Wed Sep 2024	12.29	12.25	12.34	12.23	1.405 times
03 Tue Sep 2024	12.25	12.17	12.34	12.17	1.008 times
30 Fri Aug 2024	12.32	12.43	12.48	12.28	1.115 times
30 Fri Aug 2024	12.32	12.43	12.48	12.28	1.115 times
29 Thu Aug 2024	12.35	12.37	12.44	12.35	1.038 times
28 Wed Aug 2024	12.41	12.39	12.49	12.39	0.244 times
27 Tue Aug 2024	12.40	12.36	12.49	12.36	1.099 times
26 Mon Aug 2024	12.40	12.46	12.50	12.32	1.42 times
23 Fri Aug 2024	12.46	12.36	12.55	12.36	0.458 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.3, but if it comes above 12.3, then a intra day buy could be more profitable.
If you take a sell trade below 12.3, then use 12.3 as stoploss and 12.2 as target. However if you take a buy trade in stock , then use 12.3 as stoploss and 12.36 as target.

Share price targets for First Trust (FMY)

Target Type	Value
Downside Target	11.54
Downside Target	11.81
Downside Target	12.13
Upside Target	12.30
Upside Target	12.37
Upside Target	12.48
Upside Target	12.49
Upside Target	12.50
Upside Target	12.57

Intraday share price targets for First Trust (FMY)

Target Type	Value
Downside Intraday Target	12.16
Downside Intraday Target	12.06
Upside Intraday Target	12.36
Upside Intraday Target	12.46
Upside Intraday Target	12.26

Weekly technical analysis of First Trust (FMY)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	12.25	12.17	12.37	12.17	2.726 times
30 Fri Aug 2024	12.32	12.43	12.48	12.28	0.227 times
30 Fri Aug 2024	12.32	12.46	12.50	12.28	0.85 times
23 Fri Aug 2024	12.46	12.50	12.57	12.20	0.752 times
16 Fri Aug 2024	12.41	12.37	12.49	12.30	1.392 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of First Trust (FMY)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	12.25	12.17	12.37	12.17	0.106 times
30 Fri Aug 2024	12.32	12.14	12.57	12.13	1.707 times
31 Wed Jul 2024	12.20	11.91	12.26	11.81	1.01 times
28 Fri Jun 2024	11.93	11.63	12.23	11.55	1.229 times

Scroll below to view daily charts

Price has moved down 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 (FMY)

Price action analysis of First Trust ( (FMY) ) based on a short 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 ( (FMY) ) 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 ( (FMY) ) based on a mid to longer 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.

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 but the sell signal is initial and weak.

First Trust Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for First Trust in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 12.34 and First Trust (FMY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the First Trust (FMY) stock. Volume based technical analysis of First Trust (FMY) stock is negative.

First Trust Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.