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Stock Trend Analysis Report

Prepared for you on Friday, December 1, 2023.

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
19.531 19.614 19.427 19.599 +0.072
Entry Signal

MarketClub’s Trade Triangles for FTQI

long term down The long-term trend has been DOWN since Aug 18th, 2023 at 18.984

intermediate term up The intermediate-term trend has been UP since Nov 7th, 2023 at 19.276

short term down The short-term trend has been DOWN since Nov 30th, 2023 at 19.419

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
19.531 19.614 19.427 19.599 +0.072
Prev. Close Volume Bid Ask Time
19.560 0 2023-12-01 17:14:37
52wk High20.1552wk High Date2023-07-27
52wk Low17.5752wk Low Date2022-12-28
Average Volume62,734Shares Outstanding650
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