REPORTING FOR 2019-11-20 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how FTAG has been trading over the last 2 weeks and the past day especially. On its latest session, First Trust Indxx Global Agriculture ETF ($FTAG) opened at 23.56, reaching a high of 23.3155 and a low of 23.3155 before closing at a price of 23.56. There was a total volume of 127.0.
VOLUME INDICATORS FOR FIRST TRUST INDXX GLOBAL AGRICULTURE ETF ($FTAG): We saw an accumulation-distribution index of -23.56, an on-balance volume of 23.56, chaikin money flow of -1.0 and a force index of 0.2116. There was an ease of movement rating of 9e-05, a volume-price trend of 0.35004 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR FIRST TRUST INDXX GLOBAL AGRICULTURE ETF ($FTAG): We noted an average true range of 0.14647, bolinger bands of 23.78353, an upper bollinger band of 23.09197, lower bollinger band of 23.3155, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 15.54367, high band keltner channel of -7.77183, low band keltner channel of 38.85917, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 23.3155, a donchian channel low band of 23.3155, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR FIRST TRUST INDXX GLOBAL AGRICULTURE ETF ($FTAG): We calculated a Moving Average Convergence Divergence (MACD) of 0.00549, a MACD signal of 0.00305, a MACD difference of 0.00244, a fast Exponential Moving Average (EMA) indicator of 23.3155, a slow Exponential Moving Average (EMA) indicator of 23.3155, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 12.50177, a trix of 1.19494, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -0.33244, a KST Oscillator (KST) of 14.46435 and a KST Oscillator (KST Signal) of 14.46435 (leaving a KST difference of 2.65957). We also found an Ichimoku rating of 11.65775, an Ichimoku B rating of 11.65775, a Ichimoku visual trend A of 22.83822, an Ichimoku visual trend B of 22.9009, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR FIRST TRUST INDXX GLOBAL AGRICULTURE ETF ($FTAG): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 50.0, a stochastic oscillator of 100.0, a stochastic oscillator signal of 50.0, a Williams %R rating of -100.0 and an awesome oscillator of 2.02821.
RETURNS FOR FIRST TRUST INDXX GLOBAL AGRICULTURE ETF ($FTAG): There was a daily return of 1.44643, a daily log return of 1.0432 and a cumulative return of 1.04866.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-20 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for First Trust Indxx Global Agriculture ETF ($FTAG)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling First Trust Indxx Global Agriculture ETF ($FTAG) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.