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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)
Sidelines Mode (-55) - FTXN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FTXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTXN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FTXN
The long-term trend has been UP since Mar 1st, 2024 at 29.2800
The intermediate-term trend has been DOWN since Apr 30th, 2024 at 31.7575
The short-term trend has been UP since May 6th, 2024 at 31.4700
Smart Scan Analysis for FTXN
Based on our trend formula, FTXN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 31.3100 | 31.5300 | 31.3000 | 31.4552 | -0.0248 |
| Prev. Close | Volume | Bid | Ask | Time |
| 31.4800 | 20124 | 2024-05-08 15:58:30 |
| Year High | 26.12 | Year High Date | 2018-10-04 |
| Year Low | 18.91 | Year Low Date | 2018-03-01 |
| 52wk High | 33.7191 | 52wk High Date | 2024-04-12 |
| 52wk Low | 24.77 | 52wk Low Date | 2023-05-31 |
| Average Volume | 48,376 | Shares Outstanding | 9,900 |
| Market Cap | 9M | Volatility | 31.79 |