FIRST TRUST NASDAQ CLEAN EDG (QCLN) Stock Technical Analysis
USA - NASDAQ:QCLN - US33733E5006 - ETF
41.98 USD
+0.04 (+0.1%)
Overall QCLN gets a technical rating of 9 out of 10. Both in the recent history as in the last year, QCLN has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
QCLN 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.
QCLN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, QCLN did better than 82% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although QCLN has an excellent technical rating, the quality of the presented setup is not ideal 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
36.82
43.05
2 important support areas can be observed.
- Support @38.63 from a trend line in the daily time frame.
- A support zone ranging from 37.19 to 37.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 41.99 to 42.62. 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 QCLN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QCLN is up. |
| ChartMill Relative Strength | 82.03 | POSITIVE | QCLN has a high relative strength, it outperformed 82.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QCLN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QCLN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QCLN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.3 | OVERBOUGHT | The high RSI value suggests QCLN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests QCLN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.02 | OVERBOUGHT | The high Stochastics value suggests QCLN may be overbought. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for QCLN suggests some volalility. |
| Average Directional Index/ADX (14) | 33.5 | POSITIVE | The high ADX value value for QCLN 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:QCLN (9/26/2025, 8:25:10 PM)
41.98
+0.04 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.1%
1 Week1.01%
2 Weeks9.15%
1 Month8.84%
3 Month28.73%
6 Month45.71%
12 Month15.36%
2 Year-1.52%
3 Year-26.31%
5 Year-5.34%
10 Year199.22%
15 Year175.1%
Volatility
ATR(14)0.9
ATR(20)%2.08%
ATR Inc17.81%
Range Today0.64
ADR(20)0.79
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.03
Mansfield1.33
10 Day High43.17
10 Day Low38.67
20 Day High43.17
20 Day Low36.69
52 Week High43.17
52 Week Low24.02
CS1 End38.63
CR1 Start41.99
Volume & EV
DER(3)2.03%
DER(5)2.98%
Volume208.40K
Volume Incr117.09%
Vol(5)155.50K
Vol(50)74.77K