Technical Analysis for FGB - First Trust Specialty Finance and Financial Opportunities Fund

Grade Last Price % Change Price Change
grade A 6.22 -0.64% -0.04
FGB closed down 0.64 percent on Monday, October 14, 2019, on 76 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

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

Date Alert Name Type % Chg
Bearish Engulfing Bearish 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Cup with Handle Other 0.00%
Stochastic Reached Overbought Strength 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Cup with Handle Other -0.64%
Up 3 Days in a Row Strength -0.64%
Death Cross Bearish 0.00%

Older signals for FGB ...

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Profile
First Trust Specialty Finance and Financial Opportunities Fund is a close-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Confluence Investment Management LLC. It invests in the public equity markets of the United States. The fund invests in the stocks of specialty finance and business development companies. It employs fundamental analysis to create its portfolio. The fund benchmarks the performance of its portfolio against MSCI U.S. Investable Market Financials Index and a composite index comprising of Red Rocks Global Listed Private Equity Index, FTSE NAREIT Mortgage REIT Index, and S&P SmallCap Financials Index. First Trust Specialty Finance and Financial Opportunities Fund was formed on March 20, 2007 and domiciled in the United States.
Exchange Traded Funds Stock Market Index Real Estate Investment Trust Stock Fund Msci Eafe Invesco Powershares Msci Us Reit Index Ftse 100 Index S&P Small Cap 600 Growth Index National Association Of Real Estate Investment Trusts North American Marijuana Index Reckitt Benckiser Group Index Constituent
Is FGB a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 6.51
52 Week Low 4.73
Average Volume 44,394
200-Day Moving Average 6.1229
50-Day Moving Average 6.1038
20-Day Moving Average 6.162
10-Day Moving Average 6.151
Average True Range 0.1081
ADX 13.74
+DI 21.2283
-DI 17.1053
Chandelier Exit (Long, 3 ATRs ) 5.9757
Chandelier Exit (Short, 3 ATRs ) 6.3043
Upper Bollinger Band 6.2851
Lower Bollinger Band 6.0389
Percent B (%b) 0.74
BandWidth 3.995456
MACD Line 0.0287
MACD Signal Line 0.0195
MACD Histogram 0.0092
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.42
Resistance 3 (R3) 6.42 6.36 6.39
Resistance 2 (R2) 6.36 6.31 6.36 6.38
Resistance 1 (R1) 6.29 6.28 6.26 6.29 6.36
Pivot Point 6.23 6.23 6.21 6.23 6.23
Support 1 (S1) 6.16 6.18 6.13 6.15 6.08
Support 2 (S2) 6.10 6.15 6.09 6.06
Support 3 (S3) 6.03 6.10 6.05
Support 4 (S4) 6.02