FIRST TRUST NASDAQ BUYWRITE (FTQI) Stock Technical Analysis
NASDAQ:FTQI • US33738R4074
Overall FTQI gets a technical rating of 0 out of 10. FTQI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 65% of all other stocks performed better in the past year than FTQI.
- 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.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- In the last month FTQI has a been trading in a tight range between 20.18 and 21.10.
- Volume is considerably higher in the last couple of days.
FTQI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 20.50, a Stop Loss order could be placed below this zone.
More info and screens
19.48
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.23 to 20.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.68 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 20.66 to 21.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.46 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The short term trend for FTQI is down. |
| ChartMill Relative Strength | 35.58 | NEUTRAL | FTQI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FTQI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FTQI is below 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) | 47.65 | NEUTRAL | The RSI value for FTQI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests FTQI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.43 | NEUTRAL | The Stochastics value for FTQI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.35 | LOW VOLATILITY | The low ATR as a percentage value for FTQI suggests low volalility. |
| Average Directional Index/ADX (14) | 24.56 | NEUTRAL | The ADX value for FTQI suggests a possible start of a new trend. |
NASDAQ:FTQI (2/25/2026, 8:15:28 PM)
20.58
+0.15 (+0.73%)
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 0 / 10 to FTQI.
What is the trend direction for FTQI stock?
The current trend direction for FIRST TRUST NASDAQ BUYWRITE (FTQI) is Bearish.
Can you provide the RSI signal for FIRST TRUST NASDAQ BUYWRITE?
FIRST TRUST NASDAQ BUYWRITE (FTQI) has an RSI value of 47.6456. This indicates that the stock is currently neutral.
What are the support and resistance levels for FIRST TRUST NASDAQ BUYWRITE (FTQI) stock?
FIRST TRUST NASDAQ BUYWRITE (FTQI) has a support level at 20.5 and a resistance level at 20.66. Check the full technical report for our detailed analysis of FTQI support and resistance levels.