Technical Analysis for MGOV - First Trust Intermediate Government Opportunities ETF

Grade Last Price % Change Price Change
D 20.00 -0.89% -0.18
MGOV closed down 0.89 percent on Tuesday, November 12, 2024, on 88 percent of normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
Gapped Down Weakness 0.00%
Narrow Range Bar Range Contraction -0.89%
Gapped Down Weakness -0.89%
20 DMA Resistance Bearish -1.06%
Slingshot Bearish Bearish Swing Setup -0.90%
Crossed Above 200 DMA Bullish -0.90%
MACD Bullish Signal Line Cross Bullish -0.90%
Fell Below 200 DMA Bearish 0.15%
Gilligan's Island Buy Setup Bullish Swing Setup 0.15%

   Recent Intraday Alerts

Alert Time
Fell Below 200 DMA about 4 hours ago
Fell Below Previous Day's Low about 6 hours ago
Fell Below 10 DMA about 6 hours ago
Down 1 ATR about 6 hours ago
Fell Below Previous Day's Low 1 day ago

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Profile

Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of debt securities issued or guaranteed by the U.S. government (including U.S. Treasury bonds, notes and bills), its agencies or government-sponsored entities. The fund's investments in government securities include publicly-issued U.S. Treasury securities and mortgage-related securities such as pass-through securities, collateralized mortgage obligations (CMOs) and commercial mortgage-backed securities (CMBS). It is non-diversified.
Classification

Keywords: Structured Finance U.S. Treasury Mortgage Backed Security Mortgage Loan U.S. Government Fixed Income Securities Collateralized Debt Obligation United States Treasury Security Residential Mortgage Backed Security Commercial Mortgage Backed Security

Is MGOV 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 21.0386
52 Week Low 18.7933
Average Volume 39,377
200-Day Moving Average 19.99
50-Day Moving Average 20.54
20-Day Moving Average 20.20
10-Day Moving Average 20.11
Average True Range 0.12
RSI (14) 37.50
ADX 22.34
+DI 25.75
-DI 35.49
Chandelier Exit (Long, 3 ATRs) 20.17
Chandelier Exit (Short, 3 ATRs) 20.32
Upper Bollinger Bands 20.46
Lower Bollinger Band 19.94
Percent B (%b) 0.12
BandWidth 2.57
MACD Line -0.11
MACD Signal Line -0.12
MACD Histogram 0.0099
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.18
Resistance 3 (R3) 20.19 20.15 20.15
Resistance 2 (R2) 20.15 20.10 20.14 20.14
Resistance 1 (R1) 20.07 20.07 20.05 20.06 20.13
Pivot Point 20.03 20.03 20.02 20.02 20.03
Support 1 (S1) 19.95 19.98 19.93 19.94 19.87
Support 2 (S2) 19.91 19.95 19.90 19.86
Support 3 (S3) 19.83 19.91 19.85
Support 4 (S4) 19.82