We assign a technical rating of 7 out of 10 to FTXN. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FTXN is only an average performer.
FTXN has an excellent technical rating, but the quality of the setup is only medium 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.
26.39
We found 2 important support areas.
We can see 2 important resistance areas.
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 FTXN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTXN is up. |
| ChartMill Relative Strength | 50.2 | NEUTRAL | FTXN is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of FTXN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FTXN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.06 | NEUTRAL | The RSI value for FTXN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests FTXN has a positive trend. |
| Stochastics (14,3) | 93.42 | OVERBOUGHT | The high Stochastics value suggests FTXN may be overbought. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for FTXN suggests low volalility. |
| Average Directional Index/ADX (14) | 28.88 | POSITIVE | The high ADX value value for FTXN suggests a strong trend. |
NASDAQ:FTXN (12/5/2025, 8:23:35 PM)
29.2469
-0.03 (-0.1%)
ChartMill assigns a technical rating of 7 / 10 to FTXN.
The current trend direction for FIRST TRUST NASDAQ OIL & GAS (FTXN) is Bullish.
FIRST TRUST NASDAQ OIL & GAS (FTXN) has an RSI value of 63.0615. This indicates that the stock is currently neutral.
The buy/sell signal for FIRST TRUST NASDAQ OIL & GAS (FTXN) is buy as both the short term and long term trends are positive.
FIRST TRUST NASDAQ OIL & GAS (FTXN) has a support level at 29.14 and a resistance level at 30.33. Check the full technical report for our detailed analysis of FTXN support and resistance levels.