Technical Analysis for FFSG - FormulaFolios Smart Growth ETF

Grade Last Price % Change Price Change
B 33.0198 1.64% 0.53
FFSG closed up 1.64 percent on Friday, March 5, 2021, on approximately normal volume. It was able to find support at its 50 day moving average. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down
Historical FFSG trend table...

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Stochastic Buy Signal Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Strong but Oversold Other 1.64%
Oversold Stochastic Weakness 1.64%
Fell Below 20 DMA Bearish 0.06%
Older End-of-Day Signals for FFSG ...

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Profile

The investment seeks to provide capital growth. The fund seeks to achieve its investment objective by investing through other unaffiliated ETFs primarily in domestic and foreign growth-oriented equity securities of any market capitalization and US Treasuries or other cash equivalents. It will generally be 100% invested in growth-oriented equity ETFs when the adviser's investment models indicate a bullish trend for the equity market, and will generally be 50% invested in growth-oriented equity ETFs and 50% invested in US treasuries and/or other cash equivalents to hedge risk when the adviser's models indicate a bearish trend for the equity markets.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Index Fund Bullish Bearish

Top 10 Components

Symbol Grade Price % Change Allocation
IVV B 1.84 37.01
IJH B 2.40 16.28
IJR A 2.27 15.39
IEFA B 0.67 12.84
IYR B 1.27 9.32
IEMG C 0.93 8.56
View All FFSG Holdings

Is FFSG 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 34.24
52 Week Low 17.8
Average Volume 5,370
200-Day Moving Average 28.41
50-Day Moving Average 32.39
20-Day Moving Average 33.28
10-Day Moving Average 33.24
Average True Range 0.42
ADX 23.32
+DI 25.90
-DI 33.49
Chandelier Exit (Long, 3 ATRs ) 32.99
Chandelier Exit (Short, 3 ATRs ) 33.29
Upper Bollinger Band 34.08
Lower Bollinger Band 32.48
Percent B (%b) 0.34
BandWidth 4.81
MACD Line 0.19
MACD Signal Line 0.33
MACD Histogram -0.1473
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 34.13
Resistance 3 (R3) 34.01 33.51 33.94
Resistance 2 (R2) 33.51 33.23 33.57 33.88
Resistance 1 (R1) 33.27 33.06 33.39 33.39 33.82
Pivot Point 32.77 32.77 32.83 32.83 32.77
Support 1 (S1) 32.53 32.49 32.65 32.65 32.22
Support 2 (S2) 32.03 32.32 32.10 32.16
Support 3 (S3) 31.79 32.03 32.10
Support 4 (S4) 31.91