(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 2024-06-06 View latest technical analysis
10 day averaged volume of First Trust is 1130
Date | Daily Closing Price | Open | High | Low | Volume |
06 Thu Jun 2024 | 52.10 | 52.02 | 52.23 | 52.02 | 23.717 times |
05 Wed Jun 2024 | 52.04 | 51.82 | 52.04 | 51.82 | 0.531 times |
04 Tue Jun 2024 | 51.21 | 51.14 | 51.32 | 51.14 | 0.708 times |
03 Mon Jun 2024 | 52.21 | 52.13 | 52.21 | 52.13 | 0.265 times |
31 Fri May 2024 | 51.82 | 51.65 | 51.92 | 51.58 | 1.062 times |
30 Thu May 2024 | 52.13 | 52.35 | 52.40 | 52.13 | 0.796 times |
29 Wed May 2024 | 52.54 | 52.40 | 52.71 | 52.33 | 2.92 times |
28 Tue May 2024 | 53.01 | 53.18 | 53.18 | 53.01 | 1.593 times |
23 Thu May 2024 | 53.18 | 53.27 | 53.27 | 53.18 | 1.062 times |
22 Wed May 2024 | 53.39 | 53.51 | 53.51 | 53.39 | 0.265 times |
Stock of First Trust (RNEM) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 52 as stoploss in an intra day buy trade for a target of 52.63. However, stock will show a bearish move below 52.
Share price targets for First Trust (RNEM)
Target Type | Value |
Downside Target | 49.81 |
Upside Target | 52.23 |
Upside Target | 52.47 |
Upside Target | 52.52 |
Upside Target | 52.71 |
Upside Target | 53.18 |
Upside Target | 53.75 |
Upside Target | 53.83 |
Intraday share price targets for First Trust (RNEM)
Target Type | Value |
Downside Intraday Target | 51.42 |
Downside Intraday Target | 50.73 |
Upside Intraday Target | 52.51 |
Upside Intraday Target | 52.91 |
Downside Intraday Target | 51.82 |
Weekly technical analysis of First Trust (RNEM)
Date | Weekly Closing Price | Open | High | Low | Volume |
06 Thu Jun 2024 | 52.10 | 52.13 | 52.23 | 51.14 | 3.958 times |
31 Fri May 2024 | 51.82 | 53.18 | 53.18 | 51.58 | 1.782 times |
23 Thu May 2024 | 53.18 | 53.81 | 53.83 | 53.18 | 1.135 times |
17 Fri May 2024 | 53.68 | 52.90 | 53.75 | 52.71 | 1.148 times |
10 Fri May 2024 | 52.49 | 52.47 | 52.52 | 51.95 | 0.525 times |
Price has moved up 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 |
06 Thu Jun 2024 | 52.10 | 52.13 | 52.23 | 51.14 | 1.228 times |
31 Fri May 2024 | 51.82 | 51.68 | 53.83 | 51.58 | 1.349 times |
30 Tue Apr 2024 | 51.56 | 51.73 | 52.47 | 50.13 | 0.039 times |
28 Thu Mar 2024 | 51.88 | 51.34 | 52.23 | 51.01 | 7.282 times |
Scroll below to view daily charts
Price has moved up 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 losing 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 green color and prices are above the green 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
Stock of First Trust is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 52.2 and First Trust (RNEM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 losing 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 green color and prices are above the green 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
Stock of First Trust is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 52.2 and First Trust (RNEM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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.