Today RNDM ranks # as HOLD CANDIDATE.
Today RNDM ranks # as HOLD CANDIDATE.

RNDM stock First Trust Developed International Equity Select ETF

RNDM stock
First Trust Developed International Equity Select ETF

22 January 2019
Change 0.00%
Chart period: 2018-10-23 - 2019-01-22
VOLUME
Sell
TREND
Hold

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy
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First Trust Developed International Equity Select ETF Stock Analysis

Technical stock analysis for 22 January 2019

Hold candidate since 2019-01-09 Gain 1.07%
Shorts n/a
Cash n/a
Loans n/a
Beta 0.62
ROA 6.25

No changes to the price of First Trust Developed International Equity Select ETF in the last trading day. The price has risen in 6 of the last 10 days and is up by 2.96% over the past 2 weeks.

Close price at the end of the last trading day (Tuesday, 22nd Jan 2019) of the RNDM stock was $47.29.

During day the stock fluctuated 0.00% from a day low at $47.29 to a day high of $47.29.

30 day high of the RNDM stock price was $47.42 and low was $44.00.
90 day high was $48.20 and low was $44.00.
52 week high for the First Trust Developed International Equity Select ETF - $55.12 and low - $44.00.

Trend

First Trust Developed International Equity Select ETF has broken the falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction there will be support on the roof on the current trend broken, which is $47.27, a level that may pose a second chance to hit a runner. According to fan-theory $50.65 will be the next possible trendtop level and thereby pose a resistance level which may not be broken on the first attempt.

Click here for today's Top 5 Trending Companies

Signals

First Trust Developed International Equity Select ETF holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $46.91 and $46.09. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Friday January 18, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

The stock had a Golden Star Signal* on Tuesday November 27, 2018 in the short-term chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

The stock holds a RSI14 at 80 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

First Trust Developed International Equity Select ETF finds support from accumulated volume at $46.81.

Support: $46.81 Price: $47.29 Resistance: $47.58

Risk

This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.00 between high and low, or 0.00%. For the last week the stock has had a daily average volatility of 0.22%.

The stock is extremely overbought on RSI14 (80). Normally this will pose a good selling opportunity, but since the stock has broken the trend up the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.

Our recommended stoploss: $45.68 (-3.40%) (This stock has very high daily movements and this gives very high risk. The RSI14 is 80 and this increases the risk substantially. There is a sell signal from pivot top found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

First Trust Developed International Equity Select ETF holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development.

Today RNDM ranks # as HOLD CANDIDATE.
Today RNDM ranks # as HOLD CANDIDATE.