


Technical Sentiment Analysis for First Trust Amex Biotech Index Fund (FBT). As of 2026-06-02, First Trust Amex Biotech Index Fund (FBT) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 9 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for FBT stands at 55.1, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 3.27, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 78.91 and the Commodity Channel Index (CCI) at 65.04 further confirm a 9.34 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, FBT is trading above its 60-day moving average of $204.74 and above its 200-day long-term moving average of $199.96. Key price levels to watch include the immediate resistance at $224.37 and strong support at $204.84. A break above $224.37 could signal a bull continuation, while falling below $204.84 may test the next Fibonacci floor at $194.63.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 185.31 | 194.63 | 204.84 | 214.16 | 224.37 | 233.69 | 243.9 |
| Fibonacci | 194.63 | 202.09 | 206.7 | 214.16 | 221.62 | 226.23 | 233.69 |
2026-06-02
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 55.1 |
| Stochastic Oscillator | 78.91 |
| Stochastic RSI | 88.74 |
| Commodity Channel Index (CCI) | 65.04 |
| Awesome Oscillator | 8.42 |
| Momentum | 9.34 |
| MACD | 3.27 |
2026-06-02
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 218.81 | Buy |
| 10-Day | 215.04 | Buy |
| 20-Day | 212.63 | Buy |
| 60-Day | 204.74 | Buy |
| 200-Day | 199.96 | Buy |
| 250-Day | 192.77 | Buy |