


Technical Sentiment Analysis for First Trust NASDAQ ABA Community Bank Index Fund (QABA). As of 2026-05-22, First Trust NASDAQ ABA Community Bank Index Fund (QABA) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 8 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for QABA stands at 55.93, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.18, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 71.22 and the Commodity Channel Index (CCI) at 75.92 further confirm a -0.21 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, QABA is trading above its 60-day moving average of $59.95 and above its 200-day long-term moving average of $58.21. Key price levels to watch include the immediate resistance at $62.36 and strong support at $59.72. A break above $62.36 could signal a bull continuation, while falling below $59.72 may test the next Fibonacci floor at $58.41.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 57.08 | 58.41 | 59.72 | 61.05 | 62.36 | 63.69 | 65 |
| Fibonacci | 58.41 | 59.41 | 60.04 | 61.05 | 62.05 | 62.68 | 63.69 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 55.93 |
| Stochastic Oscillator | 71.22 |
| Stochastic RSI | 57.35 |
| Commodity Channel Index (CCI) | 75.92 |
| Awesome Oscillator | -0.2 |
| Momentum | -0.21 |
| MACD | 0.18 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 61.53 | Buy |
| 10-Day | 61.04 | Buy |
| 20-Day | 61.5 | Buy |
| 60-Day | 59.95 | Buy |
| 200-Day | 58.21 | Buy |
| 250-Day | 57.49 | Buy |