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Munafa First Trust Mid Cap US Equity Select ETF (RNMC) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Munafa First Trust Mid Cap US Equity Select ETF (RNMC) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow First Trust Mid Cap US Equity Select ETF intraday tips for today and tomorrow

First Trust Mid Cap US Equity Select ETF (RNMC) Indicator analysis

Moving Averages for First Trust Mid Cap US Equity Select ETF

  • 5Day Average: 31.96
  • 12Day Average: 32.17
  • 20Day Average: 32.45
  • 50Day Average: 32.13
  • 100Day Average: 31.71
  • 150Day Average: 30.97
  • 200Day Average: 30.13

RNMC Indicators & signals

Indicator MACD (12,26,9)

32.13, 32.2, 0.04
Indicator MACD is in negative zone

Indicator ADX (14)

11.11, 26.67, 33.33
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 46
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of RNMC First Trust Mid Cap US Equity Select ETF are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
07 Fri Jun 2024 31.68 31.68 to 31.68 -0.85% 0.02 times
06 Thu Jun 2024 31.95 31.84 to 31.97 -0.47% 0.67 times
05 Wed Jun 2024 32.10 31.94 to 32.10 0.88% 2.43 times
04 Tue Jun 2024 31.82 31.82 to 31.92 -1.27% 0.34 times
03 Mon Jun 2024 32.23 32.15 to 32.28 -0.92% 0.24 times
31 Fri May 2024 32.53 32.07 to 32.53 1.31% 4.22 times
30 Thu May 2024 32.11 32.06 to 32.12 1.01% 0.72 times
29 Wed May 2024 31.79 31.76 to 31.86 -1.67% 0.12 times
28 Tue May 2024 32.33 32.33 to 32.42 -0.4% 0.05 times
24 Fri May 2024 32.46 32.42 to 32.46 0.56% 0.82 times
23 Thu May 2024 32.28 32.25 to 32.44 -1.34% 0.39 times
22 Wed May 2024 32.72 32.66 to 32.72 -0.73% 0.19 times

First Trust RNMC intraday stock tips

07 Friday June Stock tips for First Trust Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if First Trust RNMC gave a large move recently.

My analysis of First Trust is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if First Trust stays below 31.8, but if it comes above 31.8, then a intra day buy could be more profitable.
If you take a sell trade below 31.8, then use 31.8 as stoploss and 31.2 as target. However if you take a buy trade in First Trust, then use 31.8 as stoploss and 32.2 as target.

06 Thursday June Stock tips for First Trust Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if First Trust RNMC gave a large move recently.

My analysis of First Trust is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 31.9 as stoploss in an intra day buy trade for a target of 32.26. However, stock will show a bearish move below 31.9.

05 Wednesday June Stock tips for First Trust Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if First Trust RNMC gave a large move recently.

My analysis of First Trust is bearish for shortterm, and stock might move down till 31.9 or till 31.5. Use a stoploss of 32.29 and if the stock hits stoploss, then it can shoot up till 32.67

04 Tuesday June Stock tips for First Trust Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if First Trust RNMC gave a large move recently.

My analysis of First Trust is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if First Trust stays below 31.9, but if it comes above 31.9, then a intra day buy could be more profitable.
If you take a sell trade below 31.9, then use 31.9 as stoploss and 31.5 as target. However if you take a buy trade in First Trust, then use 31.9 as stoploss and 32.31 as target.

03 Monday June Stock tips for First Trust Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if First Trust RNMC gave a large move recently.

My analysis of First Trust is bearish for shortterm, and stock might move down till 32 or till 31.6. Use a stoploss of 32.36 and if the stock hits stoploss, then it can shoot up till 32.72

31 Friday May Stock tips for First Trust (RNMC) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if First Trust RNMC gave a large move recently.

My analysis of First Trust is bullish for shortterm, and stock might move up till 32.8 or till 33.3. Use a stoploss of 32.37 and if this stock hits its stoploss, then it can fall down till 31.96

30 Thursday May Stock tips for First Trust Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if First Trust RNMC gave a large move recently.

My analysis of First Trust is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 31.9 as stoploss in an intra day buy trade for a target of 32.35. However, stock will show a bearish move below 31.9.

First Trust RNMC tips for tomorrow

Tomorrow's movement Prediction of First Trust RNMC is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 32.15

Munafa value: 40

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

Munafa First Trust Mid Cap US Equity Select ETF (RNMC) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

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Munafa First Trust Mid Cap US Equity Select ETF (RNMC) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

 

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