


Technical Sentiment Analysis for First Trust Nasdaq Oil & Gas ETF (FTXN). As of 2026-04-02, First Trust Nasdaq Oil & Gas ETF (FTXN) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 8 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for FTXN stands at 57.86, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.16, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 46.52 and the Commodity Channel Index (CCI) at 36.69 further confirm a 0.2 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, FTXN is trading above its 60-day moving average of $33.68 and above its 200-day long-term moving average of $29.7. Key price levels to watch include the immediate resistance at $40.21 and strong support at $36.62. A break above $40.21 could signal a bull continuation, while falling below $36.62 may test the next Fibonacci floor at $34.78.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 33.03 | 34.78 | 36.62 | 38.37 | 40.21 | 41.96 | 43.8 |
| Fibonacci | 34.78 | 36.16 | 37 | 38.37 | 39.75 | 40.59 | 41.96 |
2026-04-02
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 57.86 |
| Stochastic Oscillator | 46.52 |
| Stochastic RSI | 63.28 |
| Commodity Channel Index (CCI) | 36.69 |
| Awesome Oscillator | 2.73 |
| Momentum | 0.2 |
| MACD | 1.16 |
2026-04-02
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 38.54 | Sell |
| 10-Day | 38.45 | Sell |
| 20-Day | 37.22 | Buy |
| 60-Day | 33.68 | Buy |
| 200-Day | 29.7 | Buy |
| 250-Day | 29.03 | Buy |