First Trust Nasdaq Buywrite Income Etf (FTQI) Technical Analysis

$20.95▲0.67%

Market is closed - opens 8 PM, 23 Dec 2024

Insights

First Trust Nasdaq Buywrite Income Etf is currently in a favorable trading position ( BUY ) according to technical analysis indicators.
Based on analysis of the Oscillators technical indicator, the current market trend for First Trust Nasdaq Buywrite Income Etf stock suggests that it is range bound and no decision can be made based on this information
Based on analysis of the Moving Averages technical indicator, First Trust Nasdaq Buywrite Income Etf stock is Range bound.
Based on analysis of the Pivot Points, the current market trend for First Trust Nasdaq Buywrite Income Etf stock suggests that it is a good time to buy

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	45.35	Neutral
Stochastic	37.11, 12.98	Neutral
Ultimate Oscillator	42.22	Neutral
Stochastic Relative Strength Index	6.35, 2.97	Buy
Moving Average Convergence Divergence	0.04, 0.11	Sell

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	21.2	Buy
20	21.19	Buy
50	20.9	Buy

Exponential Moving Average

Period (Days)	Value	Action
10	21.1	Sell
20	21.11	Buy
50	20.92	Buy

Volume Weighted Moving Average

Period (Days)	Value	Action
10	21.19	Neutral
20	21.17	Neutral
50	20.84	Neutral

Double Exponential Moving Average

Period (Days)	Value	Action
10	21.01	Sell
20	21.19	Sell
50	21.22	Buy

Triple Exponential Moving Average

Period (Days)	Value	Action
10	20.89	Sell
20	21.09	Sell
50	21.31	Buy

Pivot

Pivot	Value
Resistance L3	21.11
Resistance L2	21.05
Resistance L1	20.93
Pivot Point	20.87
Support L1	20.75
Support L2	20.69
Support L3	20.57

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.