Overall FTXN gets a technical rating of 5 out of 10. In the last year, FTXN was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
FTXN has only a medium technical rating, but it does show 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 28.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.23, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
26.39
3 important support areas can be observed.
3 important resistance areas can be observed.
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 | 39.74 | 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) | 56.14 | NEUTRAL | The RSI value for FTXN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests FTXN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.28 | OVERBOUGHT | The high Stochastics value suggests FTXN may be overbought. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for FTXN suggests low volalility. |
| Average Directional Index/ADX (14) | 24.07 | NEUTRAL | The ADX value for FTXN suggests a possible start of a new trend. |
NASDAQ:FTXN (12/2/2025, 8:00:01 PM)
28.5214
-0.34 (-1.17%)
ChartMill assigns a technical rating of 5 / 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 56.1385. 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 28.23 and a resistance level at 28.6. Check the full technical report for our detailed analysis of FTXN support and resistance levels.