Technical Analysis for FFA - First Trust Enhanced Equity Income Fund

Grade Last Price % Change Price Change
C 19.96 -0.20% -0.04
FFA closed down 0.2 percent on Friday, November 1, 2024, on 1.23 times normal volume. It ran into resistance at its 50 day moving average. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Down

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Multiple of Ten Bearish Other 0.00%
Inside Day Range Contraction 0.00%
Down 3 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 50 DMA Bearish -0.20%
Expansion Pivot Sell Setup Bearish Swing Setup -0.20%
Gapped Down Weakness -0.20%
Lower Bollinger Band Touch Weakness -0.20%
Oversold Stochastic Weakness -0.20%

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

First Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Chartwell Investment Partners, L.P. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across the diversified sectors. It also writes covered call options. The fund benchmarks the performance of its portfolio against the S&P 500 Index. It was formerly known as First Trust/Fiduciary Asset Management Covered Call Fund. First Trust Enhanced Equity Income Fund was formed on August 26, 2004 and is domiciled in the United States.
Classification

Keywords: Exchange Traded Fund ETF Stock Fund Mutual Fund S&P 500 Index CBOE Covered Call Castlestone Management

Is FFA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 20.71
52 Week Low 15.5707
Average Volume 25,884
200-Day Moving Average 18.75
50-Day Moving Average 20.04
20-Day Moving Average 20.37
10-Day Moving Average 20.32
Average True Range 0.21
RSI (14) 39.02
ADX 23.51
+DI 18.22
-DI 22.41
Chandelier Exit (Long, 3 ATRs) 20.07
Chandelier Exit (Short, 3 ATRs) 20.50
Upper Bollinger Bands 20.78
Lower Bollinger Band 19.95
Percent B (%b) 0.01
BandWidth 4.06
MACD Line 0.03
MACD Signal Line 0.11
MACD Histogram -0.0833
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.29
Resistance 3 (R3) 20.33 20.25 20.24
Resistance 2 (R2) 20.25 20.17 20.24 20.22
Resistance 1 (R1) 20.11 20.12 20.07 20.07 20.20
Pivot Point 20.03 20.03 20.02 20.02 20.03
Support 1 (S1) 19.89 19.95 19.85 19.85 19.72
Support 2 (S2) 19.81 19.90 19.80 19.70
Support 3 (S3) 19.67 19.81 19.69
Support 4 (S4) 19.63