FIRST TRUST NASDAQ OIL & GAS (FTXN) Stock Technical Analysis
USA - NASDAQ:FTXN - US33738R8455 - ETF
28.6174 USD
+0.61 (+2.18%)
We assign a technical rating of 4 out of 10 to FTXN. FTXN has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, FTXN is a bad performer in the overall market: 74% of all stocks are doing better.
Warning: FTXN has an average volume of 21270 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month FTXN has a been trading in the 27.12 - 29.19 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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.
Although the technical rating is only medium, FTXN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 28.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.39, a Stop Loss order could be placed below this zone.
More info and screens
26.78
32.70
We found 2 important support areas.
- A support zone ranging from 27.95 to 28.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.05 to 27.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 28.86 to 29.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.75 from a trend line in the weekly time frame.
- A resistance zone ranging from 32.38 to 32.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 26.13 | NEGATIVE | FTXN has a low relative strength, it was outperformed by 73.87% 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) | DOWN | MIXED | The current price of FTXN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.94 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 41.25 | NEUTRAL | The Stochastics value for FTXN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for FTXN suggests low volalility. |
| Average Directional Index/ADX (14) | 11.89 | 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 (9/16/2025, 8:25:15 PM)
28.6174
+0.61 (+2.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.18%
1 Week2.74%
2 Weeks-1.79%
1 Month4.6%
3 Month-0.36%
6 Month-4.16%
12 Month-3.16%
2 Year-4.74%
3 Year16.57%
5 Year207.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%1.59%
ATR Inc11.82%
Range Today0.56
ADR(20)0.41
ADR(20)%1.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.13
Mansfield-1.02
10 Day High29.11
10 Day Low27.66
20 Day High29.19
20 Day Low27.12
52 Week High32.5
52 Week Low23.43
CS1 End28.39
CR1 Start28.86
Volume & EV
DER(3)0.14%
DER(5)0.36%
Volume13.10K
Volume Incr-12.66%
Vol(5)16.94K
Vol(50)21.27K