FIRST TRUST NASDAQ BANK ETF (FTXO) Stock Technical Analysis
NASDAQ:FTXO - Nasdaq - US33738R8604 - ETF - Currency: USD
Overall FTXO gets a technical rating of 5 out of 10. FTXO has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month FTXO has a been trading in the 32.57 - 35.08 range, which is quite wide. It is currently trading near the lows of this range.
FTXO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FTXO is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, FTXO did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
FTXO has an average technical rating and also the quality of the setup is only medium 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
35.63
When analyzing the support we can see 3 important areas.
- Support @27.57 from a trend line in the weekly time frame.
- Support @26.38 from a trend line in the weekly time frame.
- Support @25.30 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 32.87 to 33.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 33.84 to 35.28. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for FTXO is down. |
| ChartMill Relative Strength | 73.49 | POSITIVE | FTXO has a high relative strength, it outperformed 73.49% off all stocks 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) | UP | MIXED | The current price of FTXO is below 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) | 41.59 | NEUTRAL | The RSI value for FTXO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests FTXO has a negative trend. |
| Stochastics (14,3) | 23.44 | NEUTRAL | The Stochastics value for FTXO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for FTXO suggests low volalility. |
| Average Directional Index/ADX (14) | 26.41 | POSITIVE | The high ADX value value for FTXO suggests a strong 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:FTXO (8/7/2025, 2:22:34 PM)
32.82
-0.19 (-0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.58%
1 Week-3.4%
2 Weeks-5.54%
1 Month-3.76%
3 Month9.12%
6 Month-4.29%
12 Month20.94%
2 Year52.75%
3 Year17.35%
5 Year82.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%1.51%
ATR Inc3.59%
Range Today0.64
ADR(20)0.46
ADR(20)%1.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.49
Mansfield-0.29
10 Day High35.08
10 Day Low32.57
20 Day High35.08
20 Day Low32.57
52 Week High35.58
52 Week Low25.05
CS1 End32.94
CR1 Start33.13
Volume & EV
DER(3)0.91%
DER(5)-0.32%
Volume14.93K
Volume Incr59.48%
Vol(5)60.06K
Vol(50)44.51K