


Technical Sentiment Analysis for First Trust Nasdaq Oil & Gas ETF (FTXN). As of 2026-05-01, First Trust Nasdaq Oil & Gas ETF (FTXN) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 10 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for FTXN stands at 57.83, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.2, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 94.81 and the Commodity Channel Index (CCI) at 93.11 further confirm a 2.97 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, FTXN is trading above its 60-day moving average of $35.77 and above its 200-day long-term moving average of $30.53. Key price levels to watch include the immediate resistance at $38.07 and strong support at $34.51. A break above $38.07 could signal a bull continuation, while falling below $34.51 may test the next Fibonacci floor at $32.7.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 30.95 | 32.7 | 34.51 | 36.26 | 38.07 | 39.82 | 41.63 |
| Fibonacci | 32.7 | 34.06 | 34.9 | 36.26 | 37.62 | 38.46 | 39.82 |
2026-05-01
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 57.83 |
| Stochastic Oscillator | 94.81 |
| Stochastic RSI | 90.58 |
| Commodity Channel Index (CCI) | 93.11 |
| Awesome Oscillator | 0.1 |
| Momentum | 2.97 |
| MACD | 0.2 |
2026-05-01
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 37.12 | Buy |
| 10-Day | 36.32 | Buy |
| 20-Day | 36.25 | Buy |
| 60-Day | 35.77 | Buy |
| 200-Day | 30.53 | Buy |
| 250-Day | 29.88 | Buy |