Stock Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG)
Bull Market Weakness (+75) - FTXG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FTXG as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FTXG?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTXG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FTXG
The long-term trend has been DOWN since Jul 13th, 2021 at 25.06
The intermediate-term trend has been UP since Oct 7th, 2021 at 24.74
The short-term trend has been UP since Oct 5th, 2021 at 24.34
Smart Scan Analysis for FTXG
Based on our trend formula, FTXG is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||21.28||Year High Date||2018-01-26|
|Year Low||19.11||Year Low Date||2018-05-31|
|52wk High||27.962||52wk High Date||2021-04-01|
|52wk Low||21.11||52wk Low Date||2020-10-29|
|Average Volume||1,171||Shares Outstanding||250|