FIRST TRUST NASDAQ FOOD & BE (FTXG) Stock Technical Analysis
NASDAQ:FTXG - Nasdaq - US33738R8521 - ETF - Currency: USD
Taking everything into account, FTXG scores 0 out of 10 in our technical rating. FTXG'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
72% of all other stocks performed better in the past year than FTXG.
FTXG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FTXG is lagging the market.
In the last month FTXG has a been trading in a tight range between 22.20 and 23.09.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, FTXG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 22.59. Right above this resistance zone may be a good entry point.
More info and screens
21.62
26.08
When analyzing the support we can see 2 important areas.
- Support @22.36 from a horizontal line in the daily time frame.
- A support zone ranging from 21.84 to 21.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 22.59 to 23.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.60 from a horizontal line in the daily time frame.
- A resistance zone ranging from 24.02 to 24.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @25.12 from a trend line in the weekly time frame.
- Resistance @25.82 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 | DOWN | NEGATIVE | The long term trend for FTXG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FTXG is down. |
| ChartMill Relative Strength | 28.76 | NEGATIVE | FTXG has a low relative strength, it was outperformed by 71.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FTXG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FTXG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FTXG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.54 | NEUTRAL | The RSI value for FTXG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FTXG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.34 | NEUTRAL | The Stochastics value for FTXG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.15 | LOW VOLATILITY | The low ATR as a percentage value for FTXG suggests low volalility. |
| Average Directional Index/ADX (14) | 11.57 | NEGATIVE | The low ADX value for FTXG suggests a weak or negative trend. |
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)
NASDAQ:FTXG (6/6/2025, 8:00:01 PM)
22.5
+0.17 (+0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.76%
1 Week-1.23%
2 Weeks0.4%
1 Month-1.06%
3 Month-5.82%
6 Month-6.56%
12 Month-6.44%
2 Year-14.19%
3 Year-12.28%
5 Year16.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%1.15%
ATR Inc-15.28%
Range Today0.13
ADR(20)0.22
ADR(20)%0.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.76
Mansfield-0.97
10 Day High22.84
10 Day Low22.2
20 Day High23.09
20 Day Low22.2
52 Week High26.05
52 Week Low21.7
CS1 End22.36
CR1 Start22.59
Volume & EV
DER(3)1.39%
DER(5)-0.11%
Volume4.60K
Volume Incr-39.75%
Vol(5)21.52K
Vol(50)42.10K