FT Raymond James Multicap Growth Equity ETF Price & Performance (RJMG)

The Ft Raymond James Multicap Growth Equity ETF (RJMG) is experiencing mixed trading signals. Analysts suggest shorting near $23.69 with a downside target of $22.86, while a breakout above $23.69 triggers a buy signal targeting $24.78. Investors are advised to monitor resistance levels and adjust risk controls accordingly.1

For day traders, RJMG offers potential buy signals above $23.69, aiming for $24.78, with a stop loss at $23.63. Conversely, a short position near $23.69 targets $22.86, with a stop loss at $23.75. These strategies hinge on breaking or testing resistance levels, requiring close market observation.1

Technical analysis highlights $23.69 as a critical resistance point for RJMG. A breach above this level suggests a bullish trend toward $24.78, while resistance tests signal shorting opportunities with a target of $22.86. Traders are encouraged to remain vigilant and use stop-loss measures to mitigate risks.1