🇺🇸 United States ETF Radar · NYSE

FPL

First Trust New Opportunities MLP & Energy Fund

Sector · Unclassified · Unclassified

Stable uptrend
Country Radar Open Chart
Recent price path FPL recent weekly close path 8 USD 3 May 2024
Weekly Return 0.1% latest completed week
4-Week Return 0.8% short momentum
Trend Gap 11.6% Trend positive
Fair Gap 38.0% vs fair value
Volume 0.8x 274.0K latest
Market Dynamics 0.93 positive
Relative Strength 7.63 vs country ETF tape
Opportunity 28.0 composite radar score
Risk 0.0 0.0% drawdown · 1.7% volatility
Price Action

Price, Trend Line, Fair Value

12 months
FPL weekly price action
Price Trend Line Fair Value
Market Dynamics

Pressure, strength, volume

12 months
FPL Market Dynamics and relative strength
Market Dynamics Relative Strength Volume
Signal View

What it shows

Above Trend Line Positive relative strength

Trend and recent returns are aligned, so demand is still moving in the same direction.

Trend, drawdown, and follow-through are constructive.

FPL sits in Sector, so read it as a United States exposure first and a single ETF second.

The latest week moved 0.1%; the four-week move is 0.8%, which helps separate one-week noise from actual follow-through.

Trend is positive, volume is running at 0.8x, and Market Dynamics is not showing a buy signal.

Opportunity Signals

What could be improving

  • Price is above fair value with a positive trend setup
  • Relative strength is positive versus its ETF peer tape
  • Composite opportunity score is in the stronger part of the radar
Risk Signals

What needs caution

  • No major risk flag from the current radar inputs.
Peers

Same category

Closest category peers ranked by the current radar score.

10 peers
1 TINY · NYSE PROSHARES NANOTECHNOLOGY ETF 🇺🇸 United States · Sector Trend and recent returns are aligned, so demand is still moving in the same direction. Week 13.0% 4W 10.9% Vol 8.2x 13.0% 2 TINY · NYSEARCA PROSHARES TRUST NANOTECHNOLOGY ETF 🇺🇸 United States · Sector Trend and recent returns are aligned, so demand is still moving in the same direction. Week 13.0% 4W 10.9% Vol 8.2x 13.0% 3 PSCT · NASDAQ INVESCO S&P SMALLCAP INFORMATION TECHNOLOGY ETF 🇺🇸 United States · Sector Trend and recent returns are aligned, so demand is still moving in the same direction. Week 6.9% 4W 10.1% Vol 0.8x 6.9% 4 QTEC · NASDAQ FIRST TRUST NASDAQ-100-TECHNOLOGY SECTOR INDEX FUND 🇺🇸 United States · Sector Trend and recent returns are aligned, so demand is still moving in the same direction. Week 4.8% 4W 10.1% Vol 1.8x 4.8% 5 FDTX · NASDAQ FIDELITY DISRUPTIVE TECHNOLOGY ETF 🇺🇸 United States · Sector Trend and recent returns are aligned, so demand is still moving in the same direction. Week 2.7% 4W 10.9% Vol 2.0x 2.7% 6 CHAT · NYSE ROUNDHILL GENERATIVE AI & TECHNOLOGY ETF 🇺🇸 United States · Sector Trend and recent returns are aligned, so demand is still moving in the same direction. Week 2.7% 4W 8.9% Vol 1.2x 2.7% 7 CHAT · NYSEARCA TIDAL TRUST II ROUNDHILL GENERATIVE AI & TECHNOLOGY ETF 🇺🇸 United States · Sector Trend and recent returns are aligned, so demand is still moving in the same direction. Week 2.7% 4W 8.9% Vol 1.2x 2.7% 8 LRNZ · NYSEARCA TRUESHARES TECHNOLOGY AI & DEEP LEARNING ETF 🇺🇸 United States · Sector Trend and recent returns are aligned, so demand is still moving in the same direction. Week 2.5% 4W 16.8% Vol 1.2x 2.5% 9 XNTK · NYSE SPDR(R) NYSE TECHNOLOGY ETF 🇺🇸 United States · Sector Trend and recent returns are aligned, so demand is still moving in the same direction. Week 4.3% 4W 9.8% Vol 1.2x 4.3% 10 XNTK · NYSEARCA STATE STREET SPDR NYSE TECHNOLOGY ETF 🇺🇸 United States · Sector Trend and recent returns are aligned, so demand is still moving in the same direction. Week 4.3% 4W 9.8% Vol 1.2x 4.3%
Latest Event

Historical signal events

Recent Trend Line crossings and Market Dynamics buy signals from the weekly history.

19 May 2023 Crossed above Trend Line 6 USD · 2.9%
26 May 2023 Broke below Trend Line 5 USD · -3.5%
30 Jun 2023 Crossed above Trend Line 6 USD · 4.9%
FPL

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
12 May 2023 5 USD 6 USD 5 USD % -0.73 -4.41 222.4K
19 May 2023 6 USD 6 USD 5 USD 2.9% -0.62 -3.21 191.0K
26 May 2023 5 USD 6 USD 5 USD -3.5% -0.63 -6.79 225.9K
2 Jun 2023 6 USD 6 USD 5 USD 1.7% -0.47 -6.79 230.4K
9 Jun 2023 6 USD 6 USD 5 USD 0.7% -0.28 -6.33 264.9K
16 Jun 2023 6 USD 6 USD 5 USD 0.0% -0.03 -8.62 584.2K
23 Jun 2023 5 USD 6 USD 5 USD -2.9% 0.06 -9.93 174.9K
30 Jun 2023 6 USD 6 USD 5 USD 4.9% 0.32 -7.57 282.5K
7 Jul 2023 6 USD 6 USD 5 USD 0.1% 0.47 -6.42 250.9K
14 Jul 2023 6 USD 6 USD 5 USD 1.2% 0.52 -7.51 270.8K
21 Jul 2023 6 USD 6 USD 5 USD 3.8% 0.97 -4.58 503.6K
28 Jul 2023 6 USD 6 USD 5 USD 1.7% 1.16 -3.83 373.6K
4 Aug 2023 6 USD 6 USD 5 USD -1.8% 1.29 -3.43 257.4K
11 Aug 2023 6 USD 6 USD 5 USD 2.9% 1.40 -0.44 243.8K
18 Aug 2023 6 USD 6 USD 5 USD -1.7% 1.29 -0.11 227.7K
25 Aug 2023 6 USD 6 USD 5 USD -0.3% 1.18 -1.09 395.5K
1 Sep 2023 6 USD 6 USD 5 USD 1.9% 1.19 -1.65 202.1K
8 Sep 2023 6 USD 6 USD 5 USD -0.2% 1.15 -0.50 256.1K
15 Sep 2023 6 USD 6 USD 5 USD -0.9% 1.05 -1.19 188.2K
22 Sep 2023 6 USD 6 USD 5 USD 1.3% 1.04 3.01 319.9K
29 Sep 2023 6 USD 6 USD 5 USD -2.0% 0.87 1.59 214.1K
6 Oct 2023 6 USD 6 USD 5 USD -3.0% 0.40 -1.82 215.1K
13 Oct 2023 6 USD 6 USD 5 USD 4.7% 0.16 2.32 133.2K
20 Oct 2023 6 USD 6 USD 5 USD -1.7% -0.28 2.97 156.6K
27 Oct 2023 6 USD 6 USD 5 USD 5.2% -0.24 10.86 511.3K
3 Nov 2023 7 USD 6 USD 5 USD 7.5% 0.13 12.44 178.3K
10 Nov 2023 7 USD 6 USD 5 USD -2.9% 0.40 7.58 241.2K
17 Nov 2023 7 USD 6 USD 5 USD 2.4% 0.90 7.52 380.8K
24 Nov 2023 7 USD 6 USD 5 USD -0.4% 0.98 5.90 167.3K
1 Dec 2023 7 USD 6 USD 5 USD 2.6% 1.10 7.61 188.5K
8 Dec 2023 7 USD 6 USD 5 USD -2.6% 1.11 4.54 240.3K
15 Dec 2023 7 USD 6 USD 5 USD -0.9% 0.91 1.24 195.8K
22 Dec 2023 7 USD 6 USD 5 USD -0.1% 0.84 0.33 294.9K
29 Dec 2023 7 USD 6 USD 5 USD 1.1% 0.63 1.14 173.6K
5 Jan 2024 7 USD 6 USD 5 USD 1.1% 0.64 3.93 268.1K
12 Jan 2024 7 USD 6 USD 5 USD 0.6% 0.72 2.68 193.0K
19 Jan 2024 7 USD 6 USD 5 USD -2.2% 0.60 -0.62 265.9K
26 Jan 2024 7 USD 6 USD 5 USD 1.6% 0.60 0.06 252.4K
2 Feb 2024 7 USD 6 USD 5 USD -0.9% 0.35 -2.16 304.7K
9 Feb 2024 7 USD 6 USD 5 USD -1.0% 0.04 -4.33 384.7K
16 Feb 2024 7 USD 6 USD 5 USD 3.0% 0.07 -1.08 652.3K
23 Feb 2024 7 USD 6 USD 5 USD 0.7% -0.10 -1.87 254.6K
1 Mar 2024 7 USD 7 USD 5 USD 3.5% 0.11 0.69 386.6K
8 Mar 2024 7 USD 7 USD 5 USD 1.0% 0.45 1.94 518.3K
15 Mar 2024 7 USD 7 USD 5 USD 1.2% 0.71 3.16 451.8K
22 Mar 2024 7 USD 7 USD 5 USD 1.6% 1.07 2.41 309.1K
28 Mar 2024 8 USD 7 USD 6 USD 2.3% 1.19 4.24 226.8K
5 Apr 2024 8 USD 7 USD 6 USD 1.0% 1.27 6.10 243.6K
12 Apr 2024 8 USD 7 USD 6 USD -2.5% 1.12 4.92 200.0K
19 Apr 2024 8 USD 7 USD 6 USD 1.3% 1.03 9.46 250.8K
26 Apr 2024 8 USD 7 USD 6 USD 1.8% 0.99 8.37 216.0K
3 May 2024 8 USD 7 USD 6 USD 0.1% 0.93 7.63 274.0K