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Stock Trend Analysis Report

Prepared for you on Friday, January 17, 2025.

First Trust Nasdaq BuyWrite Income ETF (NASDAQ:FTQI)

Sidelines Mode (-55) - FTQI 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 FTQI?

MarketClub looks at technical strength and momentum to determine if the timing is right for FTQI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FTQI
Open High Low FTQI Price Change
20.984 21.059 20.894 20.899 -0.083
Entry Signal

MarketClub’s Trade Triangles for FTQI

long term up The long-term trend has been UP since Nov 6th, 2024 at 20.872

intermediate term down The intermediate-term trend has been DOWN since Dec 18th, 2024 at 20.849

short term up The short-term trend has been UP since Jan 15th, 2025 at 20.930

Smart Scan Analysis for FTQI

Based on our trend formula, FTQI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for FTQI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.984 21.059 20.894 20.899 -0.083
Prev. Close Volume Bid Ask Time
20.940 0 2025-01-16 17:14:28
52wk High21.492252wk High Date2024-12-12
52wk Low18.2352wk Low Date2024-08-05
Average Volume142,981Shares Outstanding650
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