


Technical Sentiment Analysis for First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN). As of 2026-05-06, First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 10 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for QCLN stands at 73.61, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 2.79, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 94.37 and the Commodity Channel Index (CCI) at 118.18 further confirm a 4.16 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, QCLN is trading above its 60-day moving average of $50.5 and above its 200-day long-term moving average of $45.45. Key price levels to watch include the immediate resistance at $60.82 and strong support at $54.7. A break above $60.82 could signal a bull continuation, while falling below $54.7 may test the next Fibonacci floor at $51.46.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 48.58 | 51.46 | 54.7 | 57.58 | 60.82 | 63.7 | 66.94 |
| Fibonacci | 51.46 | 53.79 | 55.24 | 57.58 | 59.91 | 61.36 | 63.7 |
2026-05-06
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 73.61 |
| Stochastic Oscillator | 94.37 |
| Stochastic RSI | 94.44 |
| Commodity Channel Index (CCI) | 118.18 |
| Awesome Oscillator | 7.19 |
| Momentum | 4.16 |
| MACD | 2.79 |
2026-05-06
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 59.29 | Buy |
| 10-Day | 57.95 | Buy |
| 20-Day | 55.3 | Buy |
| 60-Day | 50.5 | Buy |
| 200-Day | 45.45 | Buy |
| 250-Day | 42.86 | Buy |