


Technical Sentiment Analysis for First Trust NASDAQ ABA Community Bank Index Fund (QABA). As of 2026-06-12, First Trust NASDAQ ABA Community Bank Index Fund (QABA) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 10 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for QABA stands at 68.67, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.93, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 95.66 and the Commodity Channel Index (CCI) at 188.92 further confirm a 3.43 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, QABA is trading above its 60-day moving average of $61.17 and above its 200-day long-term moving average of $58.71. Key price levels to watch include the immediate resistance at $65.83 and strong support at $60.89. A break above $65.83 could signal a bull continuation, while falling below $60.89 may test the next Fibonacci floor at $58.44.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 55.95 | 58.44 | 60.89 | 63.38 | 65.83 | 68.32 | 70.78 |
| Fibonacci | 58.44 | 60.33 | 61.49 | 63.38 | 65.27 | 66.44 | 68.32 |
2026-06-12
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 68.67 |
| Stochastic Oscillator | 95.66 |
| Stochastic RSI | 91.57 |
| Commodity Channel Index (CCI) | 188.92 |
| Awesome Oscillator | 2.43 |
| Momentum | 3.43 |
| MACD | 0.93 |
2026-06-12
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 64.58 | Buy |
| 10-Day | 63.34 | Buy |
| 20-Day | 62.54 | Buy |
| 60-Day | 61.17 | Buy |
| 200-Day | 58.71 | Buy |
| 250-Day | 58.07 | Buy |