FIRST TRUST NASDAQ BUYWRITE (FTQI) Technical Analysis
NASDAQ:FTQI • US33738R4074
Current stock price
FTQI Technical Rating and Analysis
Taking everything into account, FTQI scores 5 out of 10 in our technical rating. In the last year, FTQI was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- FTQI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month FTQI has a been trading in the 19.23 - 20.83 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, FTQI outperforms 50% of them, which is more or less in line with the market.
- Volume is considerably higher in the last couple of days.
FTQI Weekly and Daily overview Charts
FTQI Setup Rating and Analysis
FTQI has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
FTQI Support and Resistance Analysis
19.14
When analyzing the support we can see 3 important areas.
- A support zone ranging from 20.79 to 20.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 20.19 to 20.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.33 to 19.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 21.01 to 21.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.46 from a horizontal line in the weekly time frame.
FTQI 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for FTQI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTQI is up. |
| ChartMill Relative Strength | 50.96 | NEUTRAL | FTQI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTQI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FTQI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTQI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.64 | NEUTRAL | The RSI value for FTQI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests FTQI has a positive trend. |
| Stochastics (14,3) | 96.81 | OVERBOUGHT | The high Stochastics value suggests FTQI may be overbought. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for FTQI suggests low volalility. |
| Average Directional Index/ADX (14) | 30.88 | POSITIVE | The high ADX value value for FTQI suggests a strong trend. |
FTQI Chart- and CandleStick Pattern Analysis
FTQI Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:FTQI (4/10/2026, 4:30:01 PM)
20.8
+0.02 (+0.1%)
FIRST TRUST NASDAQ BUYWRITE / FTQI TA FAQ
What is the ChartMill technical rating of FIRST TRUST NASDAQ BUYWRITE (FTQI) stock?
ChartMill assigns a technical rating of 5 / 10 to FTQI.
What is the trend direction for FTQI stock?
The current trend direction for FIRST TRUST NASDAQ BUYWRITE (FTQI) is Bearish.
What is the RSI signal for FTQI stock?
FIRST TRUST NASDAQ BUYWRITE (FTQI) has an RSI value of 60.6409. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FIRST TRUST NASDAQ BUYWRITE?
The short term momentum for FIRST TRUST NASDAQ BUYWRITE (FTQI) is positive.