


Technical Sentiment Analysis for First Trust NASDAQ-100-Technology Sector Index Fund (QTEC). As of 2026-04-16, First Trust NASDAQ-100-Technology Sector Index Fund (QTEC) 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 QTEC stands at 69.82, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 3.93, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 99.06 and the Commodity Channel Index (CCI) at 190.74 further confirm a 24.85 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, QTEC is trading above its 60-day moving average of $227.03 and above its 200-day long-term moving average of $226.28. Key price levels to watch include the immediate resistance at $245.52 and strong support at $213.93. A break above $245.52 could signal a bull continuation, while falling below $213.93 may test the next Fibonacci floor at $197.75.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 182.34 | 197.75 | 213.93 | 229.34 | 245.52 | 260.93 | 277.11 |
| Fibonacci | 197.75 | 209.82 | 217.27 | 229.34 | 241.41 | 248.86 | 260.93 |
2026-04-16
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 69.82 |
| Stochastic Oscillator | 99.06 |
| Stochastic RSI | 96.04 |
| Commodity Channel Index (CCI) | 190.74 |
| Awesome Oscillator | 11.24 |
| Momentum | 24.85 |
| MACD | 3.93 |
2026-04-16
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 236.1 | Buy |
| 10-Day | 230.11 | Buy |
| 20-Day | 223.84 | Buy |
| 60-Day | 227.03 | Buy |
| 200-Day | 226.28 | Buy |
| 250-Day | 219.58 | Buy |