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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)
Long-Term Downtrend (-90) - FTXL is in a strong downtrend that is likely to continue. While FTXL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FTXL?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTXL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FTXL
The long-term trend has been DOWN since Aug 2nd, 2024 at 83.2100
The intermediate-term trend has been DOWN since Oct 31st, 2024 at 90.1300
The short-term trend has been DOWN since Nov 11th, 2024 at 91.5841
Smart Scan Analysis for FTXL
Based on our trend formula, FTXL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 86.6300 | 87.6100 | 86.1324 | 87.2000 | -0.0400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 87.1900 | 43075 | 2024-11-19 15:59:26 |
| Year High | 36.21 | Year High Date | 2018-03-13 |
| Year Low | 25.11 | Year Low Date | 2018-10-26 |
| 52wk High | 107.74 | 52wk High Date | 2024-07-11 |
| 52wk Low | 71.23 | 52wk Low Date | 2023-12-05 |
| Average Volume | 29,049 | Shares Outstanding | 16,100 |
| Market Cap | 26M | Volatility | 41.03 |