


Technical Sentiment Analysis for First Trust Nasdaq BuyWrite Income ETF (FTQI). As of 2026-03-30, First Trust Nasdaq BuyWrite Income ETF (FTQI) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 4 indicators are flashing buy, while 10 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for FTQI stands at 31, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.22, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 2.6 and the Commodity Channel Index (CCI) at -268.41 further confirm a -0.97 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, FTQI is trading above its 60-day moving average of $20.57 and above its 200-day long-term moving average of $20.41. Key price levels to watch include the immediate resistance at $20.56 and strong support at $19.41. A break above $20.56 could signal a bull continuation, while falling below $19.41 may test the next Fibonacci floor at $18.8.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 18.26 | 18.8 | 19.41 | 19.95 | 20.56 | 21.1 | 21.71 |
| Fibonacci | 18.8 | 19.24 | 19.51 | 19.95 | 20.39 | 20.66 | 21.1 |
2026-03-30
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 31 |
| Stochastic Oscillator | 2.6 |
| Stochastic RSI | 23.33 |
| Commodity Channel Index (CCI) | -268.41 |
| Awesome Oscillator | -0.44 |
| Momentum | -0.97 |
| MACD | -0.22 |
2026-03-30
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 19.84 | Sell |
| 10-Day | 20.03 | Sell |
| 20-Day | 20.19 | Sell |
| 60-Day | 20.57 | Sell |
| 200-Day | 20.41 | Sell |
| 250-Day | 20.05 | Sell |