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FIRST TRUST NASDAQ BUYWRITE (FTQI) Stock Technical Analysis

USA - NASDAQ:FTQI - US33738R4074 - ETF

20.9 USD
+0.13 (+0.63%)
Last: 10/24/2025, 8:00:00 PM
Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to FTQI. Although FTQI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long and short term trends are both positive. This is looking good!
FTQI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FTQI is lagging the market slightly.
When compared to the yearly performance of all other stocks, FTQI outperforms 51% of them, which is more or less in line with the market.
In the last month FTQI has a been trading in a tight range between 20.44 and 21.02.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
FIRST TRUST NASDAQ BUYWRITE / FTQI Weekly stock chart
FIRST TRUST NASDAQ BUYWRITE / FTQI Daily stock chart
Setup Rating and Analysis

8

FTQI has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 20.80, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FTQI in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

18.60

21.67

We found 3 important support areas.

  • A support zone ranging from 20.39 to 20.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 19.59 to 19.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @18.79 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 21.26 to 21.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for FTQI is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for FTQI is up.
ChartMill Relative Strength51.04NEUTRALFTQI is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of FTQI is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of FTQI is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of FTQI is above a declining SMA(200).
Relative Strength Index/RSI (14)57.21NEUTRALThe RSI value for FTQI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests FTQI has a negative trend, although the MACD value is rising.
Stochastics (14,3)56.9NEUTRALThe Stochastics value for FTQI is a neutral value.
Average True Range in percent/ATR (20)0.94LOW VOLATILITYThe low ATR as a percentage value for FTQI suggests low volalility.
Average Directional Index/ADX (14)14.88NEGATIVEThe low ADX value for FTQI suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
21.0320.480.55 (2.62%)25.00%
An entry @21.03. This is a Buy Stop order right above the 10 day high.An exit @20.48. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.55 points, which is 2.62%.For a 0.65% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FIRST TRUST NASDAQ BUYWRITE / FTQI Daily stock chart

FIRST TRUST NASDAQ BUYWRITE

NASDAQ:FTQI (10/24/2025, 8:00:00 PM)

20.9

+0.13 (+0.63%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.63%
1 Week0.29%
2 Weeks2.2%
1 Month2.1%
3 Month5.72%
6 Month12.67%
12 Month1.95%
2 Year12.49%
3 Year12.12%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%0.94%
ATR Inc-26.53%
Range Today0.05
ADR(20)0.16
ADR(20)%0.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.04
3 months CRS64.68
6 months CRS53.1
Mansfield-0.72
10 Day High21.02
10 Day Low20.49
20 Day High21.02
20 Day Low20.44
52 Week High21.49
52 Week Low16.25
CS1 End20.8
CR1 Start21.26
Volume & EV
DER(3)3.75%
DER(5)1.99%
Volume105.60K
Volume Incr-47.88%
Vol(5)100.32K
Vol(50)175.95K

FIRST TRUST NASDAQ BUYWRITE / FTQI FAQ

What is the ChartMill technical rating of FIRST TRUST NASDAQ BUYWRITE (FTQI) stock?

ChartMill assigns a technical rating of 7 / 10 to FTQI.


What is the current trend direction of FIRST TRUST NASDAQ BUYWRITE (FTQI) stock?

The current trend direction for FIRST TRUST NASDAQ BUYWRITE (FTQI) is Bullish.


Can you provide the RSI signal for FIRST TRUST NASDAQ BUYWRITE?

FIRST TRUST NASDAQ BUYWRITE (FTQI) has an RSI value of 57.2117. This indicates that the stock is currently neutral.


Can you provide the MACD signal for FIRST TRUST NASDAQ BUYWRITE?

The MACD indicator for FIRST TRUST NASDAQ BUYWRITE (FTQI) has a value of -0.00925184, indicating a bearish trend.


What is the short term momentum for FTQI stock?

The short term momentum for FIRST TRUST NASDAQ BUYWRITE (FTQI) is positive.