FIRST TRUST NASDAQ OIL & GAS (FTXN) Stock Technical Analysis
NASDAQ:FTXN - Nasdaq - US33738R8455 - ETF - Currency: USD
Overall FTXN gets a technical rating of 1 out of 10. FTXN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, FTXN is a bad performer in the overall market: 65% of all stocks are doing better.
In the last month FTXN has a been trading in the 29.01 - 31.23 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
FTXN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FTXN is lagging the market.
Although the technical rating is bad, FTXN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 31.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 30.02, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
26.71
32.20
3 important support areas can be observed.
- A support zone ranging from 29.72 to 30.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.48 to 28.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.98 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @31.11 from a horizontal line in the daily time frame.
- A resistance zone ranging from 31.80 to 31.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.49
Mansfield-0.88
10 Day High30.77
10 Day Low29.26
20 Day High31.23
20 Day Low29.01
52 Week High33.72
52 Week Low27.46
Performance
1 Week1.21%
2 Weeks1.93%
1 Month-3.47%
3 Month-7.23%
6 Month-1.31%
12 Month3.48%
2 Year10.36%
3 Year26.02%
5 Year143.85%
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)0.05
RSI(14)49.71
LBB29.1
UBB30.78
NASDAQ:FTXN (2/21/2025, 8:22:27 PM)
30.03
-0.7 (-2.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.28%
1 Week1.21%
2 Weeks1.93%
1 Month-3.47%
3 Month-7.23%
6 Month-1.31%
12 Month3.48%
2 Year10.36%
3 Year26.02%
5 Year143.85%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%1.91%
ATR Inc1.22%
Range Today0.66
ADR(20)0.51
ADR(20)%1.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.49
Mansfield-0.88
10 Day High30.77
10 Day Low29.26
20 Day High31.23
20 Day Low29.01
52 Week High33.72
52 Week Low27.46
CS1 End30.02
CR1 Start31.11
Volume & EV
DER(3)-7.24%
DER(5)-3.19%
Volume13.40K
Volume Incr-23.73%
Vol(5)30.16K
Vol(50)43.26K