(RNEM) First Trust complete technical analysis [charts+indicators] | Buy/Sell First Trust | (RNEM) share price targets
Complete technical analysis of First Trust (RNEM) by charts plus indicators, forecast predictions and share price targets for First Trust (RNEM)
First Trust trades in USA in N A sector.
Showing technical analysis as on 2024-01-19 View latest technical analysis
10 day averaged volume of First Trust is 6040
Date | Daily Closing Price | Open | High | Low | Volume |
19 Fri Jan 2024 | 49.74 | 49.51 | 49.89 | 49.51 | 0.563 times |
18 Thu Jan 2024 | 49.41 | 49.45 | 49.90 | 49.12 | 3.129 times |
17 Wed Jan 2024 | 49.22 | 49.28 | 49.55 | 49.18 | 4.702 times |
16 Tue Jan 2024 | 50.05 | 50.33 | 50.33 | 50.05 | 1.573 times |
12 Fri Jan 2024 | 51.10 | 51.10 | 51.10 | 51.10 | 0.017 times |
12 Fri Jan 2024 | 51.10 | 51.10 | 51.10 | 51.10 | 0.017 times |
11 Thu Jan 2024 | 50.39 | 50.37 | 50.39 | 50.33 | 0.099 times |
10 Wed Jan 2024 | 50.52 | 50.51 | 50.52 | 50.32 | 0.099 times |
09 Tue Jan 2024 | 50.39 | 50.39 | 50.39 | 50.39 | 0.066 times |
08 Mon Jan 2024 | 50.95 | 50.98 | 50.98 | 50.95 | 0.248 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50, but if it comes above 50, then a intra day buy could be more profitable.
If you take a sell trade below 50, then use 50 as stoploss and 49.2 as target. However if you take a buy trade in stock , then use 50 as stoploss and 50.74 as target.
Share price targets for First Trust (RNEM)
Target Type | Value |
Downside Target | 45.77 |
Downside Target | 47.69 |
Upside Target | 50.67 |
Upside Target | 51.10 |
Upside Target | 51.22 |
Upside Target | 51.53 |
Upside Target | 53.65 |
Intraday share price targets for First Trust (RNEM)
Target Type | Value |
Downside Intraday Target | 49.13 |
Downside Intraday Target | 48.52 |
Upside Intraday Target | 50.34 |
Upside Intraday Target | 50.94 |
Downside Intraday Target | 49.73 |
Weekly technical analysis of First Trust (RNEM)
Date | Weekly Closing Price | Open | High | Low | Volume |
19 Fri Jan 2024 | 49.74 | 50.33 | 50.33 | 49.12 | 602 times |
12 Fri Jan 2024 | 51.10 | 51.10 | 51.10 | 51.10 | 0.031 times |
12 Fri Jan 2024 | 51.10 | 50.98 | 51.10 | 50.32 | 0.162 times |
05 Fri Jan 2024 | 51.04 | 51.07 | 51.22 | 50.67 | 8.208 times |
29 Fri Dec 2023 | 51.63 | 53.65 | 53.65 | 51.53 | 0.141 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of First Trust (RNEM)
Date | Monthly Closing Price | Open | High | Low | Volume |
19 Fri Jan 2024 | 49.74 | 51.07 | 51.22 | 49.12 | 1.233 times |
29 Fri Dec 2023 | 51.63 | 49.64 | 53.65 | 48.97 | 1.847 times |
30 Thu Nov 2023 | 49.02 | 46.40 | 49.27 | 46.33 | 0.22 times |
31 Tue Oct 2023 | 46.34 | 47.81 | 48.45 | 45.77 | 3.654 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of First Trust (RNEM)
Price action analysis of First Trust ( (RNEM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of First Trust ( (RNEM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of First Trust ( (RNEM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of First Trust ( (RNEM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for First Trust stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for First Trust in short term but the sell signal is initial and weak.
First Trust Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for First Trust in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of First Trust is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 49.51 and First Trust (RNEM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the First Trust (RNEM) stock. Volume based technical analysis of First Trust (RNEM) stock is negative.
First Trust Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of First Trust ( (RNEM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of First Trust ( (RNEM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of First Trust ( (RNEM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of First Trust ( (RNEM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for First Trust stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for First Trust in short term but the sell signal is initial and weak.
First Trust Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for First Trust in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of First Trust is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 49.51 and First Trust (RNEM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the First Trust (RNEM) stock. Volume based technical analysis of First Trust (RNEM) stock is negative.
First Trust Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.