FIRST TRUST NASDAQ OIL & GAS (FTXN) Stock Technical Analysis
NASDAQ:FTXN - Nasdaq - US33738R8455 - ETF - Currency: USD
We assign a technical rating of 3 out of 10 to FTXN. FTXN'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.
When comparing the yearly performance of all stocks, FTXN is a bad performer in the overall market: 76% of all stocks are doing better.
Warning: FTXN has an average volume of 28406 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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.
In the last month FTXN has a been trading in the 27.02 - 29.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
FTXN has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
26.83
31.40
When analyzing the support we notice one important area.
- A support zone ranging from 27.10 to 27.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 27.70 to 28.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.86 to 29.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @31.09 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for FTXN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FTXN is neutral. |
| ChartMill Relative Strength | 24.59 | NEGATIVE | FTXN has a low relative strength, it was outperformed by 75.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FTXN is below a declining 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 | NEGATIVE | The current price of FTXN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.55 | NEUTRAL | The RSI value for FTXN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FTXN has a negative trend. |
| Stochastics (14,3) | 60.71 | NEUTRAL | The Stochastics value for FTXN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for FTXN suggests low volalility. |
| Average Directional Index/ADX (14) | 13.08 | 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 (7/15/2025, 8:00:00 PM)
27.57
-0.69 (-2.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.44%
1 Week-3.26%
2 Weeks1.32%
1 Month-4.47%
3 Month5.67%
6 Month-13.17%
12 Month-11.63%
2 Year-4.73%
3 Year4.99%
5 Year155.51%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%1.86%
ATR Inc9.63%
Range Today0.61
ADR(20)0.49
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.59
Mansfield-1.16
10 Day High28.64
10 Day Low27.02
20 Day High29.17
20 Day Low27.02
52 Week High32.5
52 Week Low23.43
CS1 End27.3
CR1 Start27.7
Volume & EV
DER(3)1.47%
DER(5)-1.17%
Volume8.50K
Volume Incr-41.1%
Vol(5)13.06K
Vol(50)28.41K