Technical Analysis for FBT - First Trust Amex Biotech Index Fund

Grade Last Price % Change Price Change
grade B 149.17 0.51% 0.76
FBT closed up 0.51 percent on Friday, December 6, 2019, on 63 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Up
See historical FBT trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Overbought Stochastic Strength 0.51%
Expansion Breakout Bullish Swing Setup 0.32%
Overbought Stochastic Strength 0.32%
Overbought Stochastic Strength 1.55%
Slingshot Bullish Bullish Swing Setup 2.02%
Spinning Top Other 2.02%
Overbought Stochastic Strength 2.02%
Older signals for FBT ...

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Profile

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NYSE Arca Biotechnology Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-dollar weighted index designed to measure the performance of a cross section of companies in the biotechnology industry that are primarily involved in the use of biological processes to develop products or provide services. The fund is non-diversified.
Exchange Traded Fund Index Fund Stock Market Index Biotechnology Net Asset Value Biotechnology Industry

Is FBT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 154.84
52 Week Low 113.43
Average Volume 107,024
200-Day Moving Average 136.55
50-Day Moving Average 132.64
20-Day Moving Average 141.58
10-Day Moving Average 146.61
Average True Range 2.02
ADX 49.51
+DI 41.08
-DI 8.79
Chandelier Exit (Long, 3 ATRs ) 143.56
Chandelier Exit (Short, 3 ATRs ) 136.05
Upper Bollinger Band 152.62
Lower Bollinger Band 130.54
Percent B (%b) 0.84
BandWidth 15.60
MACD Line 4.65
MACD Signal Line 4.22
MACD Histogram 0.4313
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 150.36
Resistance 3 (R3) 150.37 149.99 150.16
Resistance 2 (R2) 149.99 149.69 149.98 150.09
Resistance 1 (R1) 149.58 149.50 149.39 149.57 150.03
Pivot Point 149.20 149.20 149.11 149.19 149.20
Support 1 (S1) 148.79 148.90 148.60 148.78 148.31
Support 2 (S2) 148.41 148.71 148.40 148.25
Support 3 (S3) 148.00 148.41 148.18
Support 4 (S4) 147.99