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

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

First Trust trades in USA in N A sector.

Showing technical analysis as on 2024-05-23 View latest technical analysis

10 day averaged volume of First Trust is 1435

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu May 2024	32.28	32.44	32.44	32.25	1.115 times
22 Wed May 2024	32.72	32.71	32.72	32.66	0.557 times
21 Tue May 2024	32.96	32.90	32.96	32.90	4.46 times
17 Fri May 2024	32.90	32.90	32.90	32.88	3.635 times
16 Thu May 2024	32.96	32.91	32.96	32.91	0.219 times
15 Wed May 2024	33.16	33.16	33.17	33.16	0.365 times
14 Tue May 2024	32.96	32.88	32.96	32.88	0.488 times
13 Mon May 2024	32.72	32.72	32.72	32.72	0.07 times
10 Fri May 2024	32.69	32.69	32.69	32.69	0 times
09 Thu May 2024	32.71	32.71	32.71	32.71	0.07 times

My analysis of stock is bearish for shortterm, and stock might move down till 31.7 or till 31. Use a stoploss of 32.3 and if the stock hits stoploss, then it can shoot up till 32.9

Share price targets for First Trust (RNMC)

Target Type	Value
Downside Target	29.93
Downside Target	30.81
Downside Target	32.23
Downside Target	32.25
Upside Target	32.71
Upside Target	32.72
Upside Target	32.92
Upside Target	32.96
Upside Target	33.12
Upside Target	33.17

Intraday share price targets for First Trust (RNMC)

Target Type	Value
Downside Intraday Target	32.03
Downside Intraday Target	31.79
Upside Intraday Target	32.74
Upside Intraday Target	33.21
Upside Intraday Target	32.5

Weekly technical analysis of First Trust (RNMC)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu May 2024	32.28	32.90	32.96	32.25	1.284 times
17 Fri May 2024	32.90	32.72	33.17	32.72	8.568 times
10 Fri May 2024	32.69	32.23	32.71	32.23	0.138 times
03 Fri May 2024	31.92	31.58	31.92	31.18	1.611 times
26 Fri Apr 2024	31.66	31.09	31.79	31.09	0.61 times

Price has moved down 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 (RNMC)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Thu May 2024	32.28	31.33	33.17	31.32	0.954 times
30 Tue Apr 2024	31.18	32.92	32.92	30.81	1.041 times
28 Thu Mar 2024	33.12	31.37	33.12	31.37	0.14 times
29 Thu Feb 2024	31.43	30.49	31.50	30.15	3.391 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 (RNMC)

Price action analysis of First Trust ( (RNMC) ) 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 ( (RNMC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of First Trust ( (RNMC) ) based on a short to mid 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 ( (RNMC) ) 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal for First Trust in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of First Trust is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 32.86 and First Trust (RNMC) 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 (RNMC) stock. Volume based technical analysis of First Trust (RNMC) 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.