FIRST TRUST (UK) Technical Analysis
| NXTU Etf | 31.37 0.05 0.16% |
As of the 19th of December, FIRST TRUST shows the Market Risk Adjusted Performance of (0.38), mean deviation of 0.5591, and Downside Deviation of 0.7915. Our technical analysis interface provides you with a way to check practical technical drivers of FIRST TRUST INDXX, as well as the relationship between them. Please confirm FIRST TRUST INDXX treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall to decide if FIRST TRUST INDXX is priced fairly, providing market reflects its regular price of 31.37 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 |
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 INDXX Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 INDXX volatility. High ATR values indicate high volatility, and low values indicate low volatility.
FIRST TRUST INDXX Trend Analysis
Use this graph to draw trend lines for FIRST TRUST INDXX. You can use it to identify possible trend reversals for FIRST TRUST as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual FIRST TRUST price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.FIRST TRUST Best Fit Change Line
The following chart estimates an ordinary least squares regression model for FIRST TRUST INDXX applied against its price change over selected period. The best fit line has a slop of 0.0056 , which may suggest that FIRST TRUST INDXX market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.18, which is the sum of squared deviations for the predicted FIRST TRUST price change compared to its average price change.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 INDXX 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 INDXX based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on FIRST TRUST INDXX price pattern first instead of the macroeconomic environment surrounding FIRST TRUST INDXX. 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 December 19, 2024 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 | 0.0562 | |||
| Market Risk Adjusted Performance | (0.38) | |||
| Mean Deviation | 0.5591 | |||
| Semi Deviation | 0.6994 | |||
| Downside Deviation | 0.7915 | |||
| Coefficient Of Variation | 1391.59 | |||
| Standard Deviation | 0.7254 | |||
| Variance | 0.5262 | |||
| Information Ratio | 0.0317 | |||
| Jensen Alpha | 0.0442 | |||
| Total Risk Alpha | 0.0247 | |||
| Sortino Ratio | 0.0291 | |||
| Treynor Ratio | (0.39) | |||
| Maximum Drawdown | 3.53 | |||
| Value At Risk | (1.15) | |||
| Potential Upside | 1.17 | |||
| Downside Variance | 0.6265 | |||
| Semi Variance | 0.4892 | |||
| Expected Short fall | (0.54) | |||
| Skewness | (0.20) | |||
| Kurtosis | 0.1017 |
FIRST TRUST December 19, 2024 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 | 0.70 | ||
| Daily Balance Of Power | 0.56 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 31.42 | ||
| Day Typical Price | 31.40 | ||
| Price Action Indicator | (0.02) | ||
| Market Facilitation Index | 0.0004 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in FIRST TRUST INDXX. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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. However, FIRST TRUST's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.