Technical Analysis for FPL - First Trust New Opportunities MLP & Energy Fund

Grade Last Price % Change Price Change
grade C 9.38 0.11% 0.01
FPL closed up 0.11 percent on Tuesday, September 17, 2019, on 1.14 times normal volume. It was able to find support at its 50 day moving average. 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 Flat Up
See historical FPL trend table...

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
180 Bullish Setup Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Crossed Above 50 DMA Bullish 0.11%
MACD Bullish Centerline Cross Bullish 0.11%
Upper Bollinger Band Walk Strength 0.11%
Above Upper BB Strength 0.11%
Gapped Up Strength 0.11%

Older signals for FPL ...

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Profile
First Trust New Opportunities MLP & Energy Fund is a closed-ended balanced mutual fund launched by First Trust Portfolios L.P. It is co-managed by First Trust Advisors L.P. and Energy Income Partners LLC. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating in the energy and utilities sectors. The fund primarily invests in equity and debt securities of MLPs and MLP related entities, as well as in dividend paying growth stocks of other energy and energy utilities companies. It benchmarks the performance of its portfolio against the S&P 500 Index, Alerian MLP Total Return Index, and Wells Fargo Midstream MLP Total Return Index. First Trust New Opportunities MLP & Energy Fund was formed on October 15, 2013 and is domiciled in the United States.
Energy S&P 500 Index Cboe Alerian Master Limited Partnership Steelpath Utilities Sectors Utilities
Is FPL a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 0 bearish and 4 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 10.0
52 Week Low 6.935
Average Volume 117,467
200-Day Moving Average 8.9453
50-Day Moving Average 9.3424
20-Day Moving Average 9.119
10-Day Moving Average 9.222
Average True Range 0.1439
ADX 20.39
+DI 28.3862
-DI 27.0943
Chandelier Exit (Long, 3 ATRs ) 9.0583
Chandelier Exit (Short, 3 ATRs ) 9.2817
Upper Bollinger Band 9.4072
Lower Bollinger Band 8.8308
Percent B (%b) 0.95
BandWidth 6.320869
MACD Line 0.0296
MACD Signal Line -0.0222
MACD Histogram 0.0519
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.56
Resistance 3 (R3) 9.54 9.47 9.53
Resistance 2 (R2) 9.47 9.42 9.48 9.52
Resistance 1 (R1) 9.42 9.39 9.45 9.44 9.51
Pivot Point 9.35 9.35 9.36 9.36 9.35
Support 1 (S1) 9.30 9.30 9.33 9.32 9.25
Support 2 (S2) 9.23 9.27 9.24 9.24
Support 3 (S3) 9.18 9.23 9.23
Support 4 (S4) 9.20