
Technical analysis of First Trust Global Wind Energy ETF (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
FAN is an ETF (Exchange Traded Fund) that tracks an index of publicly listed companies worldwide engaged in the wind energy industry. The fund invests at least 90% of its net assets in common stocks and depositary receipts of companies included in the index, selecting only those actively involved in aspects of the wind energy business. It is a non-diversified financial instrument.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 3, 2026, computed on the last 12 months of prices.
21 sessions
23.93 $
−1.33%
50 sessions
24.06 $
−1.86%
200 sessions
23.57 $
+0.18%
s2
23.17
Support
s1
23.26
Support
pivot
23.30
Pivot
r1
23.39
Resistance
r2
23.43
Resistance
In the September 3, 2026 session First Trust Global Wind Energy ETF closed higher at 23.61 $, +1.16% versus the previous session.
The price sits mixed against its moving averages: −1.33% against the 21-session average, −1.86% against the 50 and +0.18% against the 200.
The 14-period RSI reads 44.6, in neutral territory.
MACD stands at -0.146 against a signal line at -0.099: the histogram is negative (−0.047).
ADX reads 14.7, indicating weak directionality.
Levels computed on the latest session place supports at 23.26 and 23.17 $ and resistances at 23.39 and 23.43 $, around a pivot of 23.30.
The average daily range (ATR) is 0.303 $, or 1.28% of price.
Turnover was 26K shares, 48% of the 20-session average.
Over the last twelve months the price ranged between 22.93 and 27.20 $, and today stands −13.21% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is First Trust Global Wind Energy ETF analysed technically?
Technical analysis of First Trust Global Wind Energy ETF is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for First Trust Global Wind Energy ETF?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to First Trust Global Wind Energy ETF?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to First Trust Global Wind Energy ETF it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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