Technical Analysis for GRID - First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

Grade Last Price % Change Price Change
C 122.03 0.30% 0.36
GRID closed up 0.3 percent on Friday, November 1, 2024, on 69 percent of normal volume. 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.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Lower Bollinger Band Walk Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Gapped Up Strength 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 50 DMA Bearish 0.30%
MACD Bearish Centerline Cross Bearish 0.30%
Expansion Pivot Sell Setup Bearish Swing Setup 0.30%
BB Squeeze Ended Range Expansion 0.30%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 20 hours ago
Rose Above Previous Day's High about 22 hours ago
Rose Above Lower Bollinger Band about 22 hours ago
Down 2 ATRs 2 days ago
Fell Below Lower Bollinger Band 2 days ago

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Profile

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index(SM). The fund normally invests at least 90% of assets in common stocks that comprise the index or in depositary receipts representing securities in the index. The index is designed to act as a transparent and liquid benchmark for the grid and electric energy infrastructure sector. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Stock Market Index Active Management Energy Infrastructure Electric Energy Energy Infrastructure Sector Smart Grid

Top 10 Components

Symbol Grade Price % Change Allocation
ETN B 1.03 8.84
JCI B -0.07 8.18
ABBV A -0.16 7.64
PWR B 0.62 4.38
HUBB B -0.31 4.08
APTV F -0.81 3.00
NVDA B 1.99 2.30
ORCL B 1.30 2.04
TSLA A -0.35 1.96
NVT D -8.44 1.78

Is GRID 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 129.02
52 Week Low 88.0733
Average Volume 103,191
200-Day Moving Average 116.02
50-Day Moving Average 123.62
20-Day Moving Average 125.17
10-Day Moving Average 124.34
Average True Range 1.57
RSI (14) 40.83
ADX 15.86
+DI 20.55
-DI 35.52
Chandelier Exit (Long, 3 ATRs) 122.73
Chandelier Exit (Short, 3 ATRs) 125.37
Upper Bollinger Bands 127.99
Lower Bollinger Band 122.36
Percent B (%b) -0.06
BandWidth 4.50
MACD Line -0.24
MACD Signal Line 0.34
MACD Histogram -0.577
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 123.33
Resistance 3 (R3) 123.36 122.97 123.11
Resistance 2 (R2) 122.97 122.64 122.95 123.04
Resistance 1 (R1) 122.50 122.43 122.30 122.46 122.97
Pivot Point 122.10 122.10 122.00 122.08 122.10
Support 1 (S1) 121.63 121.77 121.44 121.60 121.09
Support 2 (S2) 121.24 121.57 121.22 121.02
Support 3 (S3) 120.77 121.24 120.95
Support 4 (S4) 120.73