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Stock Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

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
20.419 20.493 20.259 20.297 -0.123
Entry Signal

MarketClub’s Trade Triangles for FTQI

long term up The long-term trend has been UP since Jun 12th, 2024 at 20.898

intermediate term up The intermediate-term trend has been UP since Jul 15th, 2024 at 20.881

short term down The short-term trend has been DOWN since Jul 17th, 2024 at 20.614

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
20.419 20.493 20.259 20.297 -0.123
Prev. Close Volume Bid Ask Time
20.340 0 2024-07-19 17:14:36
52wk High20.9352wk High Date2024-07-16
52wk Low18.150152wk Low Date2023-10-26
Average Volume121,743Shares Outstanding650
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