


Technical Sentiment Analysis for First Trust NASDAQ ABA Community Bank Index Fund (QABA). As of 2026-04-30, First Trust NASDAQ ABA Community Bank Index Fund (QABA) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 10 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for QABA stands at 54.98, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.69, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 36.76 and the Commodity Channel Index (CCI) at -2.08 further confirm a 0.53 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, QABA is trading above its 60-day moving average of $60.18 and above its 200-day long-term moving average of $57.75. Key price levels to watch include the immediate resistance at $63.09 and strong support at $60.74. A break above $63.09 could signal a bull continuation, while falling below $60.74 may test the next Fibonacci floor at $59.59.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 58.38 | 59.59 | 60.74 | 61.94 | 63.09 | 64.3 | 65.44 |
| Fibonacci | 59.59 | 60.49 | 61.05 | 61.94 | 62.84 | 63.4 | 64.3 |
2026-04-30
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 54.98 |
| Stochastic Oscillator | 36.76 |
| Stochastic RSI | 44.67 |
| Commodity Channel Index (CCI) | -2.08 |
| Awesome Oscillator | 1.96 |
| Momentum | 0.53 |
| MACD | 0.69 |
2026-04-30
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 61.72 | Buy |
| 10-Day | 61.88 | Buy |
| 20-Day | 61.42 | Buy |
| 60-Day | 60.18 | Buy |
| 200-Day | 57.75 | Buy |
| 250-Day | 56.97 | Buy |