First Trust Nasdaq Global Auto Index Fund ETF Forecast

Sell candidate since Jul 06, 2026 Loss -5.61%

The First Trust NASDAQ Global Auto Index ETF price fell by -3.25% on the last day (Monday, 13th Jul 2026) from $110.99 to $107.38. During the last trading day the ETF fluctuated 2.01% from a day low at $106.37 to a day high of $108.51. The price has been going up and down for this period, and there has been a -4.37% loss for the last 2 weeks. Volume has increased on the last day by 1 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 5 thousand shares were bought and sold for approximately $523.59 thousand.

Given the current short-term trend, the ETF is expected to rise 16.22% during the next 3 months and, with a 90% probability hold a price between $124.80 and $152.58 at the end of this 3-month period.

CARZ Signals & Forecast

There are few to no technical positive signals at the moment. The First Trust NASDAQ Global Auto Index ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $110.15 and $115.09. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, June 02, 2026, and so far it has fallen -12.82%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). First Trust NASDAQ Global Auto Index gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for First Trust NASDAQ Global Auto Index ETF

First Trust NASDAQ Global Auto Index finds support from accumulated volume at $103.06 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the ETF moved $2.14 between high and low, or 2.01%. For the last week, the ETF has had daily average volatility of 1.47%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CARZ) For The Upcoming Trading Day Of Tuesday 14th

For the upcoming trading day on Tuesday, 14th we expect First Trust NASDAQ Global Auto Index Fund to open at $107.42, and during the day (based on 14 day Average True Range), to move between $105.48 and $109.28, which gives a possible trading interval of +/-$3.80 (+/-3.60%) up or down from last closing price. If First Trust NASDAQ Global Auto Index Fund takes out the full calculated possible swing range there will be an estimated 3.60% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $103.06 (4.03%) than the resistance at $113.76 (5.94%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is First Trust NASDAQ Global Auto Index Fund ETF A Buy?

The First Trust NASDAQ Global Auto Index ETF holds several negative signals and despite the positive trend, we believe First Trust NASDAQ Global Auto Index will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.

Current score: -2.497 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 14, 2026 - $107.42 ( 0.0369%).

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