FIRST TRUST NASDAQ OIL & GAS (FTXN) Technical Analysis
NASDAQ:FTXN • US33738R8455
Current stock price
FTXN Technical Rating and Analysis
Overall FTXN gets a technical rating of 9 out of 10. Both in the recent history as in the last year, FTXN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- FTXN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so FTXN is leading the market.
- In the last month FTXN has a been trading in the 32.60 - 36.37 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, FTXN did better than 85% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- Volume is considerably higher in the last couple of days.
FTXN Weekly and Daily overview Charts
FTXN Setup Rating and Analysis
FTXN has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 35.42, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FTXN in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
FTXN Support and Resistance Analysis
25.83
6 important support areas can be observed.
- A support zone ranging from 34.67 to 35.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @28.86 from a horizontal line in the daily time frame.
- A support zone ranging from 28.04 to 28.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 27.21 to 27.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.67 from a horizontal line in the daily time frame.
- Support @26.09 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 36.07 to 36.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
FTXN Technical Indicator Signal Analysis
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 | 85.96 | POSITIVE | FTXN has a high relative strength, it outperformed 85.96% 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) | UP | POSITIVE | The current price of FTXN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTXN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.64 | OVERBOUGHT | The high RSI value suggests FTXN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FTXN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 87.42 | OVERBOUGHT | The high Stochastics value suggests FTXN may be overbought. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for FTXN suggests low volalility. |
| Average Directional Index/ADX (14) | 44.38 | POSITIVE | The high ADX value value for FTXN suggests a strong trend. |
FTXN Chart- and CandleStick Pattern Analysis
FTXN Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 36.08 | 34.66 | 1.42 (3.94%) | 25.00% |
| An entry @36.08. This is a Buy Stop order right above the resistance zone. | An exit @34.66. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.42 points, which is 3.94%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.98%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FTXN Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:FTXN (3/13/2026, 8:00:00 PM)
36.0575
+0.1 (+0.27%)
FIRST TRUST NASDAQ OIL & GAS / FTXN TA FAQ
What is the ChartMill technical rating of FIRST TRUST NASDAQ OIL & GAS (FTXN) stock?
ChartMill assigns a technical rating of 9 / 10 to FTXN.
What is the trend direction for FTXN stock?
The current trend direction for FIRST TRUST NASDAQ OIL & GAS (FTXN) is Bullish.
What is the RSI signal for FTXN stock?
FIRST TRUST NASDAQ OIL & GAS (FTXN) has an RSI value of 71.639. This indicates that the stock is currently overbought.
What is the MACD signal for FIRST TRUST NASDAQ OIL & GAS (FTXN) stock?
The MACD indicator for FIRST TRUST NASDAQ OIL & GAS (FTXN) has a value of -0.0274755, indicating a bearish trend.
What is the short term momentum for FIRST TRUST NASDAQ OIL & GAS (FTXN) stock?
The short term momentum for FIRST TRUST NASDAQ OIL & GAS (FTXN) is positive.