First Trust Smid Etf Technical Analysis
| FSCS Etf | 36.78 0.22 0.59% |
As of the 29th of January, First Trust shows the Downside Deviation of 0.6713, coefficient of variation of 2140.83, and Mean Deviation of 0.5752. First Trust SMID technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Please confirm First Trust SMID variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if First Trust SMID is priced favorably, providing market reflects its regular price of 36.78 per share.
First Trust Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as First, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FirstFirst Trust's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.Understanding First Trust SMID requires distinguishing between market price and book value, where the latter reflects First's accounting equity. The concept of intrinsic value—what First Trust's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push First Trust's price substantially above or below its fundamental value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, First Trust's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
First Trust 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to First Trust's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of First Trust.
| 10/31/2025 |
| 01/29/2026 |
If you would invest 0.00 in First Trust on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding First Trust SMID or generate 0.0% return on investment in First Trust over 90 days. First Trust is related to or competes with Matthews China, Matthews Emerging, Morgan Stanley, Neuberger Berman, Harbor ETF, Harbor SMID, and Fidelity Small. First Trust is entity of United States. It is traded as Etf on NASDAQ exchange. More
First Trust Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure First Trust's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess First Trust SMID upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6713 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 3.24 | |||
| Value At Risk | (1.02) | |||
| Potential Upside | 1.58 |
First Trust Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Trust's standard deviation. In reality, there are many statistical measures that can use First Trust historical prices to predict the future First Trust's volatility.| Risk Adjusted Performance | 0.0348 | |||
| Jensen Alpha | 0.0113 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.1157 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Trust's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
First Trust January 29, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0348 | |||
| Market Risk Adjusted Performance | 0.1257 | |||
| Mean Deviation | 0.5752 | |||
| Semi Deviation | 0.6236 | |||
| Downside Deviation | 0.6713 | |||
| Coefficient Of Variation | 2140.83 | |||
| Standard Deviation | 0.7662 | |||
| Variance | 0.587 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | 0.0113 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.1157 | |||
| Maximum Drawdown | 3.24 | |||
| Value At Risk | (1.02) | |||
| Potential Upside | 1.58 | |||
| Downside Variance | 0.4507 | |||
| Semi Variance | 0.3889 | |||
| Expected Short fall | (0.69) | |||
| Skewness | 0.3765 | |||
| Kurtosis | 0.5114 |
First Trust SMID Backtested Returns
Currently, First Trust SMID is very steady. First Trust SMID secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the etf had a 0.13 % return per unit of risk over the last 3 months. We have found thirty technical indicators for First Trust SMID, which you can use to evaluate the volatility of the entity. Please confirm First Trust's Downside Deviation of 0.6713, mean deviation of 0.5752, and Coefficient Of Variation of 2140.83 to check if the risk estimate we provide is consistent with the expected return of 0.0945%. The etf shows a Beta (market volatility) of 0.22, which means not very significant fluctuations relative to the market. As returns on the market increase, First Trust's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Trust is expected to be smaller as well.
Auto-correlation | 0.63 |
Good predictability
First Trust SMID has good predictability. Overlapping area represents the amount of predictability between First Trust time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of First Trust SMID price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current First Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
First Trust technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
First Trust SMID Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of First Trust SMID volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About First Trust Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of First Trust SMID on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of First Trust SMID based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on First Trust SMID price pattern first instead of the macroeconomic environment surrounding First Trust SMID. By analyzing First Trust's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of First Trust's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to First Trust specific price patterns or momentum indicators. Please read more on our technical analysis page.
First Trust January 29, 2026 Technical Indicators
Most technical analysis of First help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for First from various momentum indicators to cycle indicators. When you analyze First charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0348 | |||
| Market Risk Adjusted Performance | 0.1257 | |||
| Mean Deviation | 0.5752 | |||
| Semi Deviation | 0.6236 | |||
| Downside Deviation | 0.6713 | |||
| Coefficient Of Variation | 2140.83 | |||
| Standard Deviation | 0.7662 | |||
| Variance | 0.587 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | 0.0113 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.1157 | |||
| Maximum Drawdown | 3.24 | |||
| Value At Risk | (1.02) | |||
| Potential Upside | 1.58 | |||
| Downside Variance | 0.4507 | |||
| Semi Variance | 0.3889 | |||
| Expected Short fall | (0.69) | |||
| Skewness | 0.3765 | |||
| Kurtosis | 0.5114 |
First Trust January 29, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as First stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.01 | ||
| Daily Balance Of Power | (0.45) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 36.86 | ||
| Day Typical Price | 36.84 | ||
| Price Action Indicator | (0.19) | ||
| Market Facilitation Index | 0.49 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust SMID. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Understanding First Trust SMID requires distinguishing between market price and book value, where the latter reflects First's accounting equity. The concept of intrinsic value—what First Trust's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push First Trust's price substantially above or below its fundamental value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, First Trust's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.