


Technical Sentiment Analysis for First Trust Nasdaq Bank ETF (FTXO). As of 2026-05-22, First Trust Nasdaq Bank ETF (FTXO) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 8 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for FTXO stands at 52.65, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.11, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 48.52 and the Commodity Channel Index (CCI) at 2.29 further confirm a -0.04 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, FTXO is trading above its 60-day moving average of $37.31 and above its 200-day long-term moving average of $36.72. Key price levels to watch include the immediate resistance at $38.32 and strong support at $36.69. A break above $38.32 could signal a bull continuation, while falling below $36.69 may test the next Fibonacci floor at $35.86.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 35.06 | 35.86 | 36.69 | 37.49 | 38.32 | 39.12 | 39.95 |
| Fibonacci | 35.86 | 36.48 | 36.87 | 37.49 | 38.11 | 38.5 | 39.12 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 52.65 |
| Stochastic Oscillator | 48.52 |
| Stochastic RSI | 37.2 |
| Commodity Channel Index (CCI) | 2.29 |
| Awesome Oscillator | -0.83 |
| Momentum | -0.04 |
| MACD | -0.11 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 37.72 | Buy |
| 10-Day | 37.52 | Buy |
| 20-Day | 38.16 | Sell |
| 60-Day | 37.31 | Buy |
| 200-Day | 36.72 | Buy |
| 250-Day | 35.96 | Buy |