Stock Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
First Trust Nasdaq Bank ETF (NASDAQ:FTXO)
Countertrend Up (+85) - FTXO is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid FTXO?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTXO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FTXO
The long-term trend has been UP since Oct 23rd, 2020 at 19.47
The intermediate-term trend has been UP since Oct 6th, 2020 at 18.28
The short-term trend has been DOWN since Mar 4th, 2021 at 30.57
Smart Scan Analysis for FTXO
Based on our trend formula, FTXO is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||32.44||Year High Date||2018-03-12|
|Year Low||24.63||Year Low Date||2018-10-24|
|52wk High||32.07||52wk High Date||2021-02-25|
|52wk Low||13.37||52wk Low Date||2020-03-23|
|Average Volume||111,052||Shares Outstanding||5,450|