


Technical Sentiment Analysis for First Trust NASDAQ ABA Community Bank Index Fund (QABA). As of 2026-03-31, First Trust NASDAQ ABA Community Bank Index Fund (QABA) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 8 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 50.43, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.57, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 58.79 and the Commodity Channel Index (CCI) at 71.88 further confirm a 1.44 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, QABA is trading above its 60-day moving average of $59.48 and above its 200-day long-term moving average of $57.08. Key price levels to watch include the immediate resistance at $58.87 and strong support at $55.7. A break above $58.87 could signal a bull continuation, while falling below $55.7 may test the next Fibonacci floor at $54.09.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 52.53 | 54.09 | 55.7 | 57.26 | 58.87 | 60.43 | 62.04 |
| Fibonacci | 54.09 | 55.3 | 56.05 | 57.26 | 58.47 | 59.22 | 60.43 |
2026-03-31
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 50.43 |
| Stochastic Oscillator | 58.79 |
| Stochastic RSI | 57.1 |
| Commodity Channel Index (CCI) | 71.88 |
| Awesome Oscillator | -1.35 |
| Momentum | 1.44 |
| MACD | -0.57 |
2026-03-31
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 57.64 | Buy |
| 10-Day | 57.31 | Buy |
| 20-Day | 57.45 | Buy |
| 60-Day | 59.48 | Sell |
| 200-Day | 57.08 | Buy |
| 250-Day | 55.93 | Buy |