We assign a technical rating of 8 out of 10 to FTXO. Although FTXO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although FTXO has an excellent technical rating, it does not present a decent entry opportunity 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
25.05
We found 4 important support areas.
- A support zone ranging from 34.42 to 35.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.70 to 33.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.85 from a trend line in the weekly time frame.
- Support @25.30 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 36.83 to 36.83. 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 | UP | POSITIVE | The long term trend for FTXO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTXO is up. |
| ChartMill Relative Strength | 67.55 | NEUTRAL | FTXO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTXO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTXO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTXO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.33 | NEUTRAL | The RSI value for FTXO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests FTXO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.14 | OVERBOUGHT | The high Stochastics value suggests FTXO may be overbought. |
| Average True Range in percent/ATR (20) | 1.52 | LOW VOLATILITY | The low ATR as a percentage value for FTXO suggests low volalility. |
| Average Directional Index/ADX (14) | 20.57 | NEUTRAL | The ADX value for FTXO suggests a possible start of a new trend. |
NASDAQ:FTXO (12/8/2025, 8:13:13 PM)
36.8211
+0.02 (+0.04%)
FIRST TRUST NASDAQ BANK ETF / FTXO FAQ
Can you provide the ChartMill technical rating for FIRST TRUST NASDAQ BANK ETF?
ChartMill assigns a technical rating of 8 / 10 to FTXO.
What is the current trend direction of FIRST TRUST NASDAQ BANK ETF (FTXO) stock?
The current trend direction for FIRST TRUST NASDAQ BANK ETF (FTXO) is Bullish.
What is the RSI signal for FIRST TRUST NASDAQ BANK ETF (FTXO) stock?
FIRST TRUST NASDAQ BANK ETF (FTXO) has an RSI value of 69.3317. This indicates that the stock is currently neutral.
What is the short term momentum for FIRST TRUST NASDAQ BANK ETF (FTXO) stock?
The short term momentum for FIRST TRUST NASDAQ BANK ETF (FTXO) is positive.
What is the buy/sell signal for FIRST TRUST NASDAQ BANK ETF (FTXO) stock?
The buy/sell signal for FIRST TRUST NASDAQ BANK ETF (FTXO) is buy as both the short term and long term trends are positive.