First Trust NASDAQ Clean Edge Green ETF Forecast

Stock Analysis |
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Risk Assessment |
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Trading Strategy |
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Green day on Thursday for First Trust NASDAQ Clean Edge Green
(Updated on Feb 13, 2025)
The First Trust NASDAQ Clean Edge Green ETF price gained 3.33% on the last trading day (Thursday, 13th Feb 2025), rising from $31.86 to $32.92. During the last trading day the ETF fluctuated 2.57% from a day low at $32.12 to a day high of $32.95. The price has fallen in 6 of the last 10 days and is down by -2.08% for this period. Volume fell on the last day by -25 thousand shares and in total, 84 thousand shares were bought and sold for approximately $2.78 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The ETF lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -4.88% during the next 3 months and, with a 90% probability hold a price between $30.14 and $34.10 at the end of this 3-month period.

QCLN Signals & Forecast
There are mixed signals in the ETF today. The First Trust NASDAQ Clean Edge Green ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the ETF. On further gains, the ETF will meet resistance from the long-term Moving Average at $34.15. On a fall, the ETF will find some support from the short-term average at $32.65. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Tuesday, February 11, 2025, and so far it has risen 3.69%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely.
Support, Risk & Stop-loss for First Trust NASDAQ Clean Edge Green ETF
First Trust NASDAQ Clean Edge Green finds support from accumulated volume at $32.71 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 $0.83 between high and low, or 2.57%. For the last week, the ETF has had daily average volatility of 2.14%.
Our recommended stop-loss: $31.49 (-4.35%) (This ETF has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 2 days ago.)
Trading Expectations (QCLN) For The Upcoming Trading Day Of Friday 14th
For the upcoming trading day on Friday, 14th we expect First Trust NASDAQ Clean Edge Green Energy Index Fund to open at $32.66, and during the day (based on 14 day Average True Range), to move between $32.04 and $33.80, which gives a possible trading interval of +/-$0.88 (+/-2.68%) up or down from last closing price. If First Trust NASDAQ Clean Edge Green Energy Index Fund takes out the full calculated possible swing range there will be an estimated 5.36% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $32.71 (0.64%) than the resistance at $33.95 (3.13%), 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 Clean Edge Green Energy Index Fund ETF A Buy?
First Trust NASDAQ Clean Edge Green holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score:
-0.059
Hold/Accumulate
Unchanged
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Predicted Fair Opening Price
Predicted fair opening price on February 14, 2025 - $32.66 ( 0.785%).QCLN Performance
Trading levels for QCLN
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 33.49 | 1.72% |
R2 | 33.17 | 0.764% |
R1 | 32.98 | 0.173% |
Price | 32.92 | |
S1 | 32.35 | -1.74% |
S2 | 32.15 | -2.33% |
S3 | 31.84 | -3.29% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 35.57 | 8.05% |
R2 | 34.95 | 6.17% |
R1 | 33.95 | 3.13% |
Price | 32.92 | |
S1 | 32.71 | -0.638% |
S2 | 32.70 | -0.668% |
S3 | 31.86 | -3.22% |
QCLN Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Dec 22, 2023 | Dec 22, 2023 | Dec 29, 2023 | $0.0820 | 0.194% |
2 | Sep 21, 2023 | Sep 22, 2023 | Sep 29, 2023 | $0.0260 | 0.0610% |
3 | Jun 26, 2023 | Jun 27, 2023 | Jun 30, 2023 | $0.159 | 0.311% |
4 | Mar 23, 2023 | Mar 24, 2023 | Mar 31, 2023 | $0.0520 | 0.0996% |
5 | Dec 22, 2022 | Dec 23, 2022 | Dec 30, 2022 | $0.0860 | 0.182% |
FAQ
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