Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
First Trust Global Wind Energy ETF

FAN Technical Analysis Summary (AMEX)

Analyze FAN on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

FAN●AMEX
Financial ServicesAsset Management - Global
$23.91
$0.13(0.56%)
U.S. Market opens in 15h 20m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

FAN Technical Analysis Summary (AMEX)

First Trust Global Wind Energy ETF (AMEX: FAN) stock currently shows a bearish trend on the AMEX, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 37.50)
Trend Strength:Moderate (ADX: 24.79)
Volatility:Low (ATR: 0.35)
Support/Resistance:$23.63 – $24.99 (Bollinger Bands)

Technical conditions suggest First Trust Global Wind Energy ETF on the AMEX is awaiting a decisive move. Overall, First Trust Global Wind Energy ETF remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 37.50

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 29.12

Bearish
Momentum remains weak below midpoint.

Williams %R: -80.98

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -1.49

Bearish
Selling pressure outweighs buying.

Takeaway:First Trust Global Wind Energy ETF shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.26

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 24.79

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.35

Low
Low volatility, stable price action.

CCI (14): -139.17

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:First Trust Global Wind Energy ETF shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$24.99
Middle Band (SMA 20)
$24.31
Lower Band
$23.63
Current Position
Within Bands

Takeaway:First Trust Global Wind Energy ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$25.01
Middle Line (EMA 20)
$24.31
Lower Channel
$23.62
Squeeze Status
Squeeze On

Takeaway:First Trust Global Wind Energy ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-443.65K
Money Flow Index40.48Neutral, balanced money flows with no clear signal.
Relative Vigor Index38.71Bearish, price momentum favors sellers.

Overall Takeaway:FAN shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of First Trust Global Wind Energy ETF (AMEX: FAN), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:First Trust Global Wind Energy ETF shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(AMEX: FAN) Technical Analysis FAQ