FIRST TRUST NASDAQ SEMICONDU (FTXL) Technical Analysis
NASDAQ:FTXL • US33738R8117
Current stock price
FTXL Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to FTXL. Both in the recent history as in the last year, FTXL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that FTXL is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by FTXL over the past year are nicely spread over this period.
- FTXL is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so FTXL is leading the market.
- In the last month FTXL has a been trading in the 138.16 - 156.17 range, which is quite wide. It is currently trading near the high of this range.
FTXL Weekly and Daily overview Charts
FTXL Setup Rating and Analysis
FTXL 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 resistance zone just above the current price starting at 158.79. Right above this resistance zone may be a good entry point.
More info and screens
FTXL Support and Resistance Analysis
134.32
When analyzing the support we can see 3 important areas.
- A support zone ranging from 148.03 to 150.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @144.98 from a trend line in the weekly time frame.
- A support zone ranging from 135.68 to 142.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 158.79 to 159.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @162.96 from a horizontal line in the daily time frame.
FTXL 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 | UP | POSITIVE | The long term trend for FTXL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTXL is up. |
| ChartMill Relative Strength | 93.01 | POSITIVE | FTXL has a high relative strength, it outperformed 93.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTXL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTXL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTXL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.99 | NEUTRAL | The RSI value for FTXL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests FTXL has a positive trend. |
| Stochastics (14,3) | 85.12 | OVERBOUGHT | The high Stochastics value suggests FTXL may be overbought. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for FTXL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.97 | NEUTRAL | The ADX value for FTXL suggests a possible start of a new trend. |
FTXL Chart- and CandleStick Pattern Analysis
FTXL 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 159.01 | 148.02 | 10.99 (6.91%) | 14.47% |
| An entry @159.01. This is a Buy Stop order right above the resistance zone. | An exit @148.02. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 10.99 points, which is 6.91%. | When investing 14.47% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
FTXL Technicals: Chart, Performance Metrics, Trend & Indicators
155.09
+1.92 (+1.25%)
FIRST TRUST NASDAQ SEMICONDU / FTXL TA FAQ
What is the technical rating for FTXL stock?
ChartMill assigns a technical rating of 10 / 10 to FTXL.
Can you provide the trend direction for FIRST TRUST NASDAQ SEMICONDU?
The current trend direction for FIRST TRUST NASDAQ SEMICONDU (FTXL) is Bullish.
Can you provide the RSI signal for FIRST TRUST NASDAQ SEMICONDU?
FIRST TRUST NASDAQ SEMICONDU (FTXL) has an RSI value of 54.9875. This indicates that the stock is currently neutral.
What is the short term momentum for FIRST TRUST NASDAQ SEMICONDU (FTXL) stock?
The short term momentum for FIRST TRUST NASDAQ SEMICONDU (FTXL) is positive.
What is the buy/sell signal for FTXL stock?
The buy/sell signal for FIRST TRUST NASDAQ SEMICONDU (FTXL) is buy as both the short term and long term trends are positive.