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(GRID) First Trust complete technical analysis [charts+indicators] | Buy/Sell First Trust | (GRID) share price targets

Complete technical analysis of First Trust (GRID) by charts plus indicators, forecast predictions and share price targets for First Trust (GRID)

First Trust trades in USA in N A sector.

Showing technical analysis as on 2024-01-19 View latest technical analysis

10 day averaged volume of First Trust is 50980

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	100.03	99.31	100.03	98.73	0.469 times
18 Thu Jan 2024	99.44	99.33	99.60	98.77	0.351 times
17 Wed Jan 2024	98.77	98.49	98.88	98.28	0.61 times
16 Tue Jan 2024	99.87	100.40	100.76	99.61	0.502 times
12 Fri Jan 2024	101.50	102.07	102.50	101.42	0.396 times
12 Fri Jan 2024	101.50	102.07	102.50	101.42	0.396 times
11 Thu Jan 2024	101.78	101.63	102.07	100.66	4.196 times
10 Wed Jan 2024	101.82	101.42	101.86	101.15	1.306 times
09 Tue Jan 2024	101.60	101.14	101.81	101.01	0.798 times
08 Mon Jan 2024	101.97	101.06	102.29	101.06	0.967 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 100.2, but if it comes above 100.2, then a intra day buy could be more profitable.
If you take a sell trade below 100.2, then use 100.2 as stoploss and 97.9 as target. However if you take a buy trade in stock , then use 100.2 as stoploss and 102.11 as target.

Share price targets for First Trust (GRID)

Target Type	Value
Downside Target	85.10
Downside Target	92.57
Downside Target	94.96
Upside Target	101.50
Upside Target	102.50
Upside Target	104.06
Upside Target	104.44
Upside Target	105.31
Upside Target	105.40

Intraday share price targets for First Trust (GRID)

Target Type	Value
Downside Intraday Target	98.62
Downside Intraday Target	97.21
Upside Intraday Target	101.1
Upside Intraday Target	102.17
Downside Intraday Target	99.69

Weekly technical analysis of First Trust (GRID)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	100.03	100.40	100.76	98.28	4.876 times
12 Fri Jan 2024	101.50	102.07	102.50	101.42	0.052 times
12 Fri Jan 2024	101.50	101.06	102.50	100.66	1.424 times
05 Fri Jan 2024	100.85	103.47	104.06	100.15	7.518 times
29 Fri Dec 2023	104.71	105.31	105.31	104.44	0.31 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of First Trust (GRID)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	100.03	103.47	104.06	98.28	0.835 times
29 Fri Dec 2023	104.71	96.72	105.40	96.32	0.299 times
30 Thu Nov 2023	96.72	86.44	97.00	86.18	1.852 times
31 Tue Oct 2023	86.55	93.54	94.96	85.10	1.554 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of First Trust (GRID)

Price action analysis of First Trust ( (GRID) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of First Trust ( (GRID) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of First Trust ( (GRID) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for First Trust stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for First Trust in short term but the sell signal is initial and weak.

First Trust Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for First Trust in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of First Trust is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 101.32 and First Trust (GRID) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the First Trust (GRID) stock. Volume based technical analysis of First Trust (GRID) stock is negative.

First Trust Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.