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FIRST TRUST NASDAQ BUYWRITE (FTQI) Stock Technical Analysis

NASDAQ:FTQI - Nasdaq - US33738R4074 - ETF - Currency: USD

20.7  -0.54 (-2.54%)

Technical Rating and Analysis

2

Overall FTQI gets a technical rating of 2 out of 10. FTQI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

FTQI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FTQI is lagging the market slightly.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, FTQI outperforms 46% of them, which is more or less in line with the market.
In the last month FTQI has a been trading in a tight range between 20.62 and 21.36.
Weekly and Daily overview Charts
FIRST TRUST NASDAQ BUYWRITE / FTQI Weekly stock chart
FIRST TRUST NASDAQ BUYWRITE / FTQI Daily stock chart
Setup Rating and Analysis

3

The technical rating of FTQI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

19.32

21.67

3 important support areas can be observed.

  • A support zone ranging from 20.40 to 20.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @20.04 from a horizontal line in the daily time frame.
  • Support @19.52 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 20.98 to 21.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.78
Mansfield-0.64
10 Day High21.36
10 Day Low20.66
20 Day High21.36
20 Day Low20.62
52 Week High21.49
52 Week Low18.23
Performance
1 Week-2.73%
2 Weeks-2.22%
1 Month-2.59%
3 Month-0.91%
6 Month2.53%
12 Month2.12%
2 Year9.18%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)38.37
LBB20.79
UBB21.46
FIRST TRUST NASDAQ BUYWRITE / FTQI Daily stock chart

FIRST TRUST NASDAQ BUYWRITE

NASDAQ:FTQI (2/21/2025, 8:22:23 PM)

20.7

-0.54 (-2.54%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.54%
1 Week-2.73%
2 Weeks-2.22%
1 Month-2.59%
3 Month-0.91%
6 Month2.53%
12 Month2.12%
2 Year9.18%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%1.13%
ATR Inc111.33%
Range Today0.39
ADR(20)0.21
ADR(20)%1.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.78
Mansfield-0.64
10 Day High21.36
10 Day Low20.66
20 Day High21.36
20 Day Low20.62
52 Week High21.49
52 Week Low18.23
CS1 End20.67
CR1 Start20.98
Volume & EV
DER(3)-5.95%
DER(5)-5.63%
Volume191.60K
Volume Incr-37.58%
Vol(5)188.58K
Vol(50)210.39K