First Trust Nasdaq-100- Technology Index Fund ETF Forecast

Buy or Hold candidate since Apr 13, 2026 Gain 44.11%

The First Trust NASDAQ-100- Technology Index ETF price gained 0.167% on the last trading day (Monday, 22nd Jun 2026), rising from $335.18 to $335.74. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the ETF fluctuated 2.37% from a day low at $332.36 to a day high of $340.23. The price has risen in 7 of the last 10 days and is up by 10.08% 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, 14 thousand more shares were traded than the day before. In total, 155 thousand shares were bought and sold for approximately $52.06 million.

The ETF lies in the middle of a wide and 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 57.60% during the next 3 months and, with a 90% probability hold a price between $494.50 and $565.09 at the end of this 3-month period.

QTEC Signals & Forecast

The First Trust NASDAQ-100- Technology Index 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 $326.81 and $306.36. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, June 10, 2026, and so far it has risen 12.30%. 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-100- Technology Index ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $306.94 and $298.97. There is a natural risk involved when a ETF is testing a support level, since if this is broken, the ETF then may fall to the next support level. In this case, First Trust NASDAQ-100- Technology Index finds support just below today's level at $306.94. If this is broken, then the next support from accumulated volume will be at $298.97 and $261.88.

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 $7.87 between high and low, or 2.37%. For the last week, the ETF has had daily average volatility of 2.52%.

Our recommended stop-loss: $322.51 (-3.94%) (This ETF has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 7 days ago.)

Trading Expectations (QTEC) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect First Trust NASDAQ-100- Technology Index Fund to open at $336.11, and during the day (based on 14 day Average True Range), to move between $330.27 and $341.21, which gives a possible trading interval of +/-$10.94 (+/-3.31%) up or down from last closing price. If First Trust NASDAQ-100- Technology Index Fund takes out the full calculated possible swing range there will be an estimated 3.31% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $306.94, some $28.80 (8.58%) from the current price of $335.74, our system finds the risk reward attractive.

Is First Trust NASDAQ-100- Technology Index Fund ETF A Buy?

First Trust NASDAQ-100- Technology Index 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: 6.192 Strong Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 23, 2026 - $336.11 ( 0.110%).

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