First Trust Nasdaq Buywrite Income Etf ETF Forecast

Buy or Hold candidate since Apr 24, 2026 Gain 3.83%

The First Trust Nasdaq BuyWrite Income ETF price gained 0.0912% on the last trading day (Wednesday, 3rd Jun 2026), rising from $21.94 to $21.96. During the last trading day the ETF fluctuated 0.411% from a day low at $21.92 to a day high of $22.01. The price has risen in 7 of the last 10 days and is up by 2.04% 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, 82 thousand more shares were traded than the day before. In total, 223 thousand shares were bought and sold for approximately $4.90 million.

The ETF lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 10.02% during the next 3 months and, with a 90% probability hold a price between $22.88 and $24.79 at the end of this 3-month period.

FTQI Signals & Forecast

The First Trust Nasdaq BuyWrite Income 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 $21.89 and $21.45. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 30, 2026, and so far it has risen 13.61%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for First Trust Nasdaq BuyWrite Income ETF

First Trust Nasdaq BuyWrite Income finds support from accumulated volume at $21.15 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 $0.0900 between high and low, or 0.411%. For the last week the ETF has had daily average volatility of 0.504%.

Our recommended stop-loss: $21.15 (-3.70%) (This ETF has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 45 days ago.)

Trading Expectations (FTQI) For The Upcoming Trading Day Of Thursday 4th

For the upcoming trading day on Thursday, 4th we expect First Trust Nasdaq BuyWrite Income ETF to open at $21.96, and during the day (based on 14 day Average True Range), to move between $21.88 and $22.04, which gives a possible trading interval of +/-$0.155 (+/-0.71%) up or down from last closing price. If First Trust Nasdaq BuyWrite Income ETF takes out the full calculated possible swing range there will be an estimated 0.71% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $21.15, some $0.81 (3.69%) from the current price of $21.96, our system finds the risk reward attractive.

Is First Trust Nasdaq BuyWrite Income ETF ETF A Buy?

First Trust Nasdaq BuyWrite Income holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 5.798 Strong Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 4, 2026 - $21.96 ( 0.0152%).

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