


Technical Sentiment Analysis for First Trust Nasdaq Oil & Gas ETF (FTXN). As of 2026-05-22, First Trust Nasdaq Oil & Gas ETF (FTXN) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 8 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for FTXN stands at 54.04, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.33, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 65.33 and the Commodity Channel Index (CCI) at 30.83 further confirm a 2.37 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, FTXN is trading above its 60-day moving average of $36.65 and above its 200-day long-term moving average of $31.22. Key price levels to watch include the immediate resistance at $38.96 and strong support at $35.43. A break above $38.96 could signal a bull continuation, while falling below $35.43 may test the next Fibonacci floor at $33.66.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 31.9 | 33.66 | 35.43 | 37.19 | 38.96 | 40.72 | 42.49 |
| Fibonacci | 33.66 | 35.01 | 35.85 | 37.19 | 38.54 | 39.38 | 40.72 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 54.04 |
| Stochastic Oscillator | 65.33 |
| Stochastic RSI | 76.61 |
| Commodity Channel Index (CCI) | 30.83 |
| Awesome Oscillator | 1.44 |
| Momentum | 2.37 |
| MACD | 0.33 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 37.84 | Sell |
| 10-Day | 37.19 | Buy |
| 20-Day | 36.99 | Buy |
| 60-Day | 36.65 | Buy |
| 200-Day | 31.22 | Buy |
| 250-Day | 30.5 | Buy |