FIRST TRUST NASDAQ BANK ETF (FTXO) Stock Technical Analysis
USA - NASDAQ:FTXO - US33738R8604 - ETF
Taking everything into account, FTXO scores 0 out of 10 in our technical rating. FTXO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of FTXO is bad and it also does not present a quality setup 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.
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25.05
When analyzing the support we can see 3 important areas.
- A support zone ranging from 32.70 to 33.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.77 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 2 important areas.
- A resistance zone ranging from 34.44 to 35.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 36.08 to 36.57. 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 FTXO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FTXO is down. |
| ChartMill Relative Strength | 38.74 | NEUTRAL | FTXO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FTXO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FTXO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FTXO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.75 | NEUTRAL | The RSI value for FTXO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests FTXO has a negative trend. |
| Stochastics (14,3) | 25.83 | 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) | 12.82 | NEGATIVE | The low ADX value for FTXO suggests a weak or negative trend. |
NASDAQ:FTXO (11/17/2025, 8:00:01 PM)
33.7213
-0.98 (-2.81%)
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 0 / 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 Bearish.
What is the RSI signal for FIRST TRUST NASDAQ BANK ETF (FTXO) stock?
FIRST TRUST NASDAQ BANK ETF (FTXO) has an RSI value of 38.7495. 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 negative.