First Trust Nasdaq Technology Dividend Index Fund ETF Forecast

Buy or Hold candidate since May 27, 2025 Gain 5.04%

The First Trust NASDAQ Technology Dividend ETF price fell by -1.07% on the last day (Friday, 13th Jun 2025) from $86.95 to $86.02. During the last trading day the ETF fluctuated 1.32% from a day low at $85.79 to a day high of $86.92. The price has risen in 9 of the last 10 days and is up by 5.95% over the past 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -10 thousand shares and in total, 84 thousand shares were bought and sold for approximately $7.24 million.

The ETF lies in the upper part of a wide and strong rising 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 $87.17 will firstly indicate a stronger rate of rising. Given the current short-term trend, the ETF is expected to rise 18.67% during the next 3 months and, with a 90% probability hold a price between $88.32 and $103.45 at the end of this 3-month period.

TDIV Signals & Forecast

The First Trust NASDAQ Technology Dividend 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 $85.30 and $80.12. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, June 12, 2025, and so far it has fallen -1.07%. 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). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for First Trust NASDAQ Technology Dividend ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $80.77 and $68.70. 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 Technology Dividend finds support just below today's level at $80.77. If this is broken, then the next support from accumulated volume will be at $68.70 and $66.11.

This ETF is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the ETF moved $1.13 (1.32%) between high and low. For the last week, the ETF has had daily average volatility of 1.11%.

The First Trust NASDAQ Technology Dividend ETF is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some ETF may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the ETF manages to break the trend before that occurs.

Our recommended stop-loss: $82.80 (-3.75%) (This ETF has low daily movements and this gives low risk. The RSI14 is 83 and this increases the risk substantially. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (TDIV) For The Upcoming Trading Day Of Monday 16th

For the upcoming trading day on Monday, 16th we expect First Trust NASDAQ Technology Dividend Index Fund to open at $86.24, and during the day (based on 14 day Average True Range), to move between $84.78 and $87.26, which gives a possible trading interval of +/-$1.24 (+/-1.44%) up or down from last closing price. If First Trust NASDAQ Technology Dividend Index Fund takes out the full calculated possible swing range there will be an estimated 2.88% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $86.95 (1.08%) than the support at $80.77 (6.10%), 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 NASDAQ Technology Dividend Index Fund ETF A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for First Trust NASDAQ Technology Dividend ETF to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 2.330 Buy Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on June 16, 2025 - $86.24 ( 0.260%).

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