


Technical Sentiment Analysis for First Trust Nasdaq Semiconductor ETF (FTXL). As of 2026-05-07, First Trust Nasdaq Semiconductor ETF (FTXL) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 9 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for FTXL stands at 75.09, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 16.4, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 94.68 and the Commodity Channel Index (CCI) at 131.26 further confirm a 28 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, FTXL is trading above its 60-day moving average of $169.31 and above its 200-day long-term moving average of $135.4. Key price levels to watch include the immediate resistance at $233.68 and strong support at $197.5. A break above $233.68 could signal a bull continuation, while falling below $197.5 may test the next Fibonacci floor at $179.38.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 161.32 | 179.38 | 197.5 | 215.56 | 233.68 | 251.74 | 269.86 |
| Fibonacci | 179.38 | 193.2 | 201.74 | 215.56 | 229.38 | 237.92 | 251.74 |
2026-05-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 75.09 |
| Stochastic Oscillator | 94.68 |
| Stochastic RSI | 95.8 |
| Commodity Channel Index (CCI) | 131.26 |
| Awesome Oscillator | 41.36 |
| Momentum | 28 |
| MACD | 16.4 |
2026-05-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 223.12 | Buy |
| 10-Day | 215.62 | Buy |
| 20-Day | 200.83 | Buy |
| 60-Day | 169.31 | Buy |
| 200-Day | 135.4 | Buy |
| 250-Day | 126.54 | Buy |