Taking everything into account, QABA scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, QABA is only an average performer.
Although QABA has an excellent technical rating, it does not offer a high 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.
47.66
We found 3 important support areas.
We found 1 important resistance area.
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 QABA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QABA is up. |
| ChartMill Relative Strength | 45.81 | NEUTRAL | QABA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QABA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QABA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QABA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.53 | NEUTRAL | The RSI value for QABA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests QABA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.84 | OVERBOUGHT | The high Stochastics value suggests QABA may be overbought. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for QABA suggests low volalility. |
| Average Directional Index/ADX (14) | 29.8 | POSITIVE | The high ADX value value for QABA suggests a strong trend. |
NASDAQ:QABA (12/12/2025, 8:00:01 PM)
59.1021
-0.6 (-1.01%)
ChartMill assigns a technical rating of 8 / 10 to QABA.
The current trend direction for FIRST TRUST NASDAQ ABA CBIF (QABA) is Bullish.
FIRST TRUST NASDAQ ABA CBIF (QABA) has an RSI value of 67.5319. This indicates that the stock is currently neutral.
The buy/sell signal for FIRST TRUST NASDAQ ABA CBIF (QABA) is buy as both the short term and long term trends are positive.
FIRST TRUST NASDAQ ABA CBIF (QABA) has a support level at 56.27 and a resistance level at 59.11. Check the full technical report for our detailed analysis of QABA support and resistance levels.