Technical Analysis for FFA - First Trust Enhanced Equity Income Fund

Grade Last Price % Change Price Change
grade B 15.22 0.59% 0.09
FFA closed up 0.59 percent on Tuesday, May 21, 2019, on 75 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Flat Flat
See historical FFA trend table...

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Crossed Above 50 DMA Bullish 0.00%
Cup with Handle Other 0.00%
Doji - Bearish? Reversal 0.00%
20 DMA Resistance Bearish 0.59%
Fell Below 50 DMA Bearish 0.59%
Cup with Handle Other 0.59%
Outside Day Range Expansion 0.59%

Older signals for FFA ...

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Profile
First Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Chartwell Investment Partners, L.P. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across the diversified sectors. It also writes covered call options. The fund benchmarks the performance of its portfolio against the S&P 500 Index. It was formerly known as First Trust/Fiduciary Asset Management Covered Call Fund. First Trust Enhanced Equity Income Fund was formed on August 26, 2004 and is domiciled in the United States.
Exchange Traded Fund Mutual Fund Stock Fund S&P 500 Index Cboe Castlestone Management
Is FFA a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 0 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 16.73
52 Week Low 12.06
Average Volume 41,861
200-Day Moving Average 15.0014
50-Day Moving Average 15.1556
20-Day Moving Average 15.261
10-Day Moving Average 15.154
Average True Range 0.1849
ADX 17.73
+DI 20.5076
-DI 17.653
Chandelier Exit (Long, 3 ATRs ) 14.9453
Chandelier Exit (Short, 3 ATRs ) 15.4736
Upper Bollinger Band 15.5064
Lower Bollinger Band 15.0156
Percent B (%b) 0.42
BandWidth 3.216041
MACD Line -0.0059
MACD Signal Line 0.0125
MACD Histogram -0.0184
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.61
Resistance 3 (R3) 15.64 15.55 15.55
Resistance 2 (R2) 15.55 15.45 15.53 15.52
Resistance 1 (R1) 15.38 15.39 15.35 15.35 15.50
Pivot Point 15.29 15.29 15.27 15.27 15.29
Support 1 (S1) 15.12 15.19 15.09 15.09 14.94
Support 2 (S2) 15.03 15.13 15.01 14.92
Support 3 (S3) 14.86 15.03 14.90
Support 4 (S4) 14.83