Technical Analysis for FTSM - First Trust Enhanced Short Maturity ETF

Grade Last Price % Change Price Change
grade C 59.9 0.00% 0.00
FTSM closed unchanged on Tuesday, January 15, 2019, on 58 percent of normal volume. It ran into resistance at its 50 day moving average. 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. 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 Flat Flat Flat
See historical FTSM trend table...

Date Alert Name Type % Chg
Jan 15 50 DMA Resistance Bearish 0.00%
Jan 15 Shooting Star Candlestick Bearish 0.00%
Jan 15 Lizard Bearish Bearish Day Trade Setup 0.00%
Jan 15 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Jan 15 Doji - Bearish? Reversal 0.00%
Jan 15 Overbought Stochastic Strength 0.00%
Jan 15 Upper Bollinger Band Touch Strength 0.00%
Jan 14 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Jan 14 Stochastic Reached Overbought Strength 0.00%
Jan 14 Overbought Stochastic Strength 0.00%

Older signals for FTSM ...

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Profile
The investment seeks current income, consistent with preservation of capital and daily liquidity. Under normal market conditions, the fund intends to achieve its investmentobjective by investing at least 80% of its net assets in a portfolio of U.S.dollar-denominated fixed- and variable-rate instruments (collectively, "FixedIncome Securities") issued by U.S. and non-U.S. public and private sectorentities. At least 80% of its net assets will be invested in Fixed IncomeSecurities that are, at the time of purchase, investment grade. The fund may invest up to 20% of its net assets in floating rate loans. It is non-diversified.
Is FTSM 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 60.1
52 Week Low 59.78
Average Volume 1,022,737
200-Day Moving Average 59.9924
50-Day Moving Average 59.9154
20-Day Moving Average 59.85
10-Day Moving Average 59.867
Average True Range 0.0314
ADX 26.8
+DI 21.9306
-DI 14.4683
Chandelier Exit (Long, 3 ATRs ) 59.8258
Chandelier Exit (Short, 3 ATRs ) 59.8742
Upper Bollinger Band 59.9157
Lower Bollinger Band 59.7843
Percent B (%b) 0.88
BandWidth 0.219549
MACD Line -0.0065
MACD Signal Line -0.0172
MACD Histogram 0.0107
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 59.93
Resistance 3 (R3) 59.93 59.93 59.93
Resistance 2 (R2) 59.93 59.92 59.93 59.92
Resistance 1 (R1) 59.91 59.91 59.91 59.91 59.92
Pivot Point 59.91 59.91 59.91 59.91 59.91
Support 1 (S1) 59.89 59.90 59.89 59.89 59.88
Support 2 (S2) 59.89 59.89 59.89 59.88
Support 3 (S3) 59.87 59.89 59.88
Support 4 (S4) 59.87