FIRST TRUST NASDAQ BUYWRITE (FTQI) Stock Technical Analysis
USA - NASDAQ:FTQI - US33738R4074 - ETF
Taking everything into account, FTQI scores 4 out of 10 in our technical rating. In the last year, FTQI was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
FTQI has an average technical rating and it also does not offer a high quality setup 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.
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19.39
When analyzing the support we can see 3 important areas.
- A support zone ranging from 20.42 to 20.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.94 from a horizontal line in the daily time frame.
- Support @19.59 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 20.54 to 20.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.32 to 21.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for FTQI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FTQI is down. |
| ChartMill Relative Strength | 50.95 | 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) | UP | MIXED | The current price of FTQI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FTQI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.71 | NEUTRAL | The RSI value for FTQI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests FTQI has a negative trend. |
| Stochastics (14,3) | 19.38 | OVERSOLD | The low Stochastics value suggests FTQI may be oversold. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for FTQI suggests low volalility. |
| Average Directional Index/ADX (14) | 14.16 | NEGATIVE | The low ADX value for FTQI suggests a weak or negative trend. |
NASDAQ:FTQI (11/19/2025, 2:57:42 PM)
20.47
0 (0%)
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 4 / 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 39.71. 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 -0.0659722, indicating a bearish trend.
What is the short term momentum for FTQI stock?
The short term momentum for FIRST TRUST NASDAQ BUYWRITE (FTQI) is negative.