First Trust Global Tactical Commodity Strategy Fund ETF Forecast

Buy or Hold candidate since Jun 09, 2025 Gain 0.14%

The First Trust Global Tactical Commodity ETF price gained 0.624% on the last trading day (Wednesday, 11th Jun 2025), rising from $24.83 to $24.99. During the last trading day the ETF fluctuated 0.704% from a day low at $24.87 to a day high of $25.04. The price has risen in 6 of the last 10 days and is up by 3.29% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 276 thousand more shares were traded than the day before. In total, 511 thousand shares were bought and sold for approximately $12.77 million.

The ETF lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $25.24 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the ETF is expected to fall -2.65% during the next 3 months and, with a 90% probability hold a price between $22.01 and $24.57 at the end of this 3-month period. Do note, that if the ETF price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

FTGC Signals & Forecast

Mostly positive signals in the chart today. The First Trust Global Tactical Commodity ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $24.77 and $24.51. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 08, 2025, and so far it has risen 8.21%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for First Trust Global Tactical Commodity ETF

First Trust Global Tactical Commodity finds support from accumulated volume at $23.93 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this ETF. During the last day, the ETF moved $0.175 between high and low, or 0.704%. For the last week the ETF has had daily average volatility of 0.686%.

Our recommended stop-loss: $24.03 (-3.82%) (This ETF has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 44 days ago.)

Trading Expectations (FTGC) For The Upcoming Trading Day Of Thursday 12th

For the upcoming trading day on Thursday, 12th we expect First Trust Global Tactical Commodity Strategy Fund to open at $24.96, and during the day (based on 14 day Average True Range), to move between $24.74 and $25.23, which gives a possible trading interval of +/-$0.245 (+/-0.98%) up or down from last closing price. If First Trust Global Tactical Commodity Strategy Fund takes out the full calculated possible swing range there will be an estimated 1.96% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $25.33 (1.38%) than the support at $23.93 (4.22%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is First Trust Global Tactical Commodity Strategy Fund ETF A Buy?

Several short-term signals are positive, despite the ETF being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for ETF to perform well in the short-term. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 3.085 Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 12, 2025 - $24.96 ( 0.0867%).

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