Overall FTXO gets a technical rating of 7 out of 10. 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.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- FTXO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When comparing the yearly performance of all stocks, we notice that FTXO is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- In the last month FTXO has a been trading in a tight range between 37.56 and 39.65.
Besides having an excellent technical rating, FTXO also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 39.16. Right above this resistance zone may be a good entry point.
More info and screens
25.05
We found 3 important support areas.
- Support @34.76 from a trend line in the daily time frame.
- A support zone ranging from 32.70 to 33.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.30 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 39.16 to 39.41. 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 | NEUTRAL | NEUTRAL | The short term trend for FTXO is neutral. |
| ChartMill Relative Strength | 73.95 | POSITIVE | FTXO has a high relative strength, it outperformed 73.95% off all stocks 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) | 56.11 | NEUTRAL | The RSI value for FTXO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests FTXO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.25 | NEUTRAL | The Stochastics value for FTXO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for FTXO suggests low volalility. |
| Average Directional Index/ADX (14) | 20.92 | NEUTRAL | The ADX value for FTXO suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 39.42 | 37.55 | 1.87 (4.74%) | 21.08% |
| An entry @39.42. This is a Buy Stop order right above the resistance zone. | An exit @37.55. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.87 points, which is 4.74%. | When investing 21.08% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
NASDAQ:FTXO (1/22/2026, 8:00:00 PM)
38.7288
-0.07 (-0.18%)
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 7 / 10 to FTXO.
Can you provide the trend direction for FIRST TRUST NASDAQ BANK ETF?
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 56.1107. This indicates that the stock is currently neutral.
What is the short term momentum for FTXO stock?
The short term momentum for FIRST TRUST NASDAQ BANK ETF (FTXO) is neutral.
Can you provide the support and resistance levels for FIRST TRUST NASDAQ BANK ETF?
FIRST TRUST NASDAQ BANK ETF (FTXO) has a support level at 34.76 and a resistance level at 39.16. Check the full technical report for our detailed analysis of FTXO support and resistance levels.