FIRST TRUST NASDAQ OIL & GAS (FTXN) Stock Technical Analysis
USA - NASDAQ:FTXN - US33738R8455 - ETF
Taking everything into account, FTXN scores 0 out of 10 in our technical rating. FTXN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, FTXN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for FTXN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
25.83
2 important support areas can be observed.
- A support zone ranging from 26.83 to 27.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @26.09 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 27.57 to 28.07. 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 29.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.52 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 | DOWN | NEGATIVE | The long term trend for FTXN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FTXN is down. |
| ChartMill Relative Strength | 24.45 | NEGATIVE | FTXN has a low relative strength, it was outperformed by 75.55% 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) | DOWN | NEGATIVE | The current price of FTXN is below 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) | 43.6 | NEUTRAL | The RSI value for FTXN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests FTXN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.03 | NEUTRAL | The Stochastics value for FTXN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for FTXN suggests low volalility. |
| Average Directional Index/ADX (14) | 18.41 | NEGATIVE | The low ADX value for FTXN suggests a weak or negative trend. |
NASDAQ:FTXN (10/29/2025, 10:25:30 AM)
27.28
+0.09 (+0.33%)
FIRST TRUST NASDAQ OIL & GAS / FTXN FAQ
What is the ChartMill technical rating of FIRST TRUST NASDAQ OIL & GAS (FTXN) stock?
ChartMill assigns a technical rating of 0 / 10 to FTXN.
Can you provide the trend direction for FIRST TRUST NASDAQ OIL & GAS?
The current trend direction for FIRST TRUST NASDAQ OIL & GAS (FTXN) is Bearish.
What is the RSI signal for FTXN stock?
FIRST TRUST NASDAQ OIL & GAS (FTXN) has an RSI value of 43.5987. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for FIRST TRUST NASDAQ OIL & GAS?
The buy/sell signal for FIRST TRUST NASDAQ OIL & GAS (FTXN) is sell as both the short term and long term trends are negative.
What is the support and resistance level for FTXN stock?
FIRST TRUST NASDAQ OIL & GAS (FTXN) has a support level at 26.83 and a resistance level at 27.21. Check the full technical report for our detailed analysis of FTXN support and resistance levels.