Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

First Trust Nasdaq BuyWrite Income ETF (NASDAQ:FTQI)

Weak Downtrend (-65) - FTQI is showing signs of a strengthening downtrend. Monitor FTQI as it may be building momentum to the downside.

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
20.450 20.680 20.415 20.471 +0.021
Entry Signal

MarketClub’s Trade Triangles for FTQI

long term down The long-term trend has been DOWN since Aug 2nd, 2024 at 19.589

intermediate term up The intermediate-term trend has been UP since Sep 18th, 2024 at 20.480

short term down The short-term trend has been DOWN since Oct 23rd, 2024 at 20.616

Smart Scan Analysis for FTQI

Based on our trend formula, FTQI is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for FTQI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.450 20.680 20.415 20.471 +0.021
Prev. Close Volume Bid Ask Time
20.500 0 2024-10-25 17:14:13
52wk High20.9352wk High Date2024-07-16
52wk Low18.150152wk Low Date2023-10-26
Average Volume117,007Shares Outstanding650
Get a free daily analysis and signals for First Trust Nasdaq BuyWrite Income ETF (FTQI) - Request Your Free Report.