FIRST TRUST NASDAQ OIL & GAS (FTXN) Stock Technical Analysis
NASDAQ:FTXN - Nasdaq - US33738R8455 - ETF - Currency: USD
Overall FTXN gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. FTXN was also a bad performer in the overall market in the last year.
71% of all other stocks performed better in the past year than FTXN.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
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.
In the last month FTXN has a been trading in the 25.81 - 28.23 range, which is quite wide. It is currently trading near the high of this range.
FTXN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FTXN is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of FTXN is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
25.32
32.70
We found 2 important support areas.
- A support zone ranging from 26.09 to 27.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.58 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @29.50 from a trend line in the daily time frame.
- Resistance @31.28 from a trend line in the weekly time frame.
- A resistance zone ranging from 32.38 to 32.38. 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 | NEUTRAL | NEUTRAL | The long term trend for FTXN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTXN is up. |
| ChartMill Relative Strength | 29.65 | NEGATIVE | FTXN has a low relative strength, it was outperformed by 70.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTXN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FTXN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FTXN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.63 | NEUTRAL | The RSI value for FTXN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests FTXN has a positive trend. |
| Stochastics (14,3) | 95.65 | OVERBOUGHT | The high Stochastics value suggests FTXN may be overbought. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for FTXN suggests low volalility. |
| Average Directional Index/ADX (14) | 18.26 | NEGATIVE | The low ADX value for FTXN 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:FTXN (6/12/2025, 8:00:01 PM)
28.23
+0.11 (+0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.39%
1 Week6.49%
2 Weeks7.01%
1 Month2.54%
3 Month-2.59%
6 Month-4.34%
12 Month-5.18%
2 Year7.23%
3 Year20.54%
5 Year161.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%1.66%
ATR Inc6.69%
Range Today0.46
ADR(20)0.39
ADR(20)%1.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.65
Mansfield-0.85
10 Day High28.23
10 Day Low25.97
20 Day High28.23
20 Day Low25.81
52 Week High32.5
52 Week Low23.43
CS1 End27.25
CR1 Start29.5
Volume & EV
DER(3)4.8%
DER(5)1.76%
Volume16.20K
Volume Incr-57.37%
Vol(5)17.04K
Vol(50)36.58K