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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of FTXO
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FIRST TRUST NASDAQ BANK ETF price ended at $25.11 on Thursday, after gaining 0.508%.
(Updated on Apr 18, 2024)

Hold candidate since Apr 16, 2024 Gain 1.06% PDF

The FIRST TRUST NASDAQ BANK ETF price gained 0.508% on the last trading day (Thursday, 18th Apr 2024), rising from $24.99 to $25.11. During the last trading day the ETF fluctuated 1.37% from a day low at $24.98 to a day high of $25.32. The price has been going up and down for this period, and there has been a -3.93% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 thousand more shares were traded than the day before. In total, 14 thousand shares were bought and sold for approximately $361.75 thousand.

The ETF lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $24.90 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the ETF is expected to rise 5.80% during the next 3 months and, with a 90% probability hold a price between $26.34 and $29.08 at the end of this 3-month period.

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FTXO Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 1.06%. Further rise is indicated until a new top pivot has been found. FIRST TRUST NASDAQ BANK has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The FIRST TRUST NASDAQ BANK ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $25.29 and $25.97. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for FIRST TRUST NASDAQ BANK ETF

FIRST TRUST NASDAQ BANK finds support from accumulated volume at $24.50 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $0.342 (1.37%) between high and low. For the last week, the ETF has had daily average volatility of 1.65%.

FIRST TRUST NASDAQ BANK is oversold on RSI14 (22). Some ETFS may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: $23.56 (-6.18%) (This ETF has low daily movements and this gives low risk. Low RSI14 is 22 which reduces the risk some. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (FTXO) For The Upcoming Trading Day Of Friday 19th

For the upcoming trading day on Friday, 19th we expect FIRST TRUST NASDAQ BANK ETF to open at $25.14, and during the day (based on 14 day Average True Range), to move between $24.67 and $25.56, which gives a possible trading interval of +/-$0.442 (+/-1.76%) up or down from last closing price. If FIRST TRUST NASDAQ BANK ETF takes out the full calculated possible swing range there will be an estimated 3.52% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $25.47 (1.42%) than the support at $24.50 (2.44%), 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 BANK ETF ETF A Buy?

FIRST TRUST NASDAQ BANK holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.175 Hold/Accumulate Unchanged

Predicted Opening Price for FIRST TRUST NASDAQ BANK ETF of Friday, April 19, 2024

Fair opening price April 19, 2024 Current price
$25.14 ( 0.101%) $25.11

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for FTXO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 25.48 1.46 %
R2 25.35 0.94 %
R1 25.27 0.621 %
Current price: 25.11
Support S1 25.01 -0.418 %
S2 24.93 -0.740 %
S3 24.80 -1.26 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 26.24 4.49 %
R2 26.00 3.54 %
R1 25.47 1.42 %
Current price 25.11
Support S1 24.50 -2.44%
S2 24.15 -3.83%
S3 24.12 -3.96%

FTXO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 21, 2024 Mar 21, 2024 Mar 28, 2024 $0.107 0.394%
2 Dec 22, 2023 Dec 22, 2023 Dec 29, 2023 $0.236 0.94%
3 Sep 21, 2023 Sep 22, 2023 Sep 29, 2023 $0.177 0.86%
4 Jun 26, 2023 Jun 27, 2023 Jun 30, 2023 $0.251 1.18%
5 Mar 23, 2023 Mar 24, 2023 Mar 31, 2023 $0.144 0.677%

FAQ

What is the symbol for FIRST TRUST NASDAQ BANK ETF ETF and on which exchange is it traded?
The symbol for FIRST TRUST NASDAQ BANK ETF is FTXO and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell FIRST TRUST NASDAQ BANK ETF ETF?
FIRST TRUST NASDAQ BANK holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy FIRST TRUST NASDAQ BANK ETF ETF?
FIRST TRUST NASDAQ BANK ETF ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy FIRST TRUST NASDAQ BANK ETF ETF.

What's the current price of FIRST TRUST NASDAQ BANK ETF ETF?
As of the end of day on the 2024-04-18, the price of an FIRST TRUST NASDAQ BANK ETF (FTXO) share was $25.11.

What is the 52-week high and low for FIRST TRUST NASDAQ BANK ETF ETF?
The 52-week high for FIRST TRUST NASDAQ BANK ETF ETF is $27.14 and the 52-week low is $18.66.

What is the market capitalization of FIRST TRUST NASDAQ BANK ETF ETF?
As of the 2024-04-18, the market capitalization of FIRST TRUST NASDAQ BANK ETF is 115.926M.
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