


Technical Sentiment Analysis for First Trust NASDAQ-100-Technology Sector Index Fund (QTEC). As of 2026-05-06, First Trust NASDAQ-100-Technology Sector Index Fund (QTEC) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 16 technical signals, shows that 10 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for QTEC stands at 81.94, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 13.01, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 97.63 and the Commodity Channel Index (CCI) at 150.81 further confirm a 27.72 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, QTEC is trading above its 60-day moving average of $233.44 and above its 200-day long-term moving average of $229.62. Key price levels to watch include the immediate resistance at $284.13 and strong support at $251.22. A break above $284.13 could signal a bull continuation, while falling below $251.22 may test the next Fibonacci floor at $235.17.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 218.31 | 235.17 | 251.22 | 268.08 | 284.13 | 300.99 | 317.04 |
| Fibonacci | 235.17 | 247.74 | 255.51 | 268.08 | 280.65 | 288.42 | 300.99 |
2026-05-06
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 81.94 |
| Stochastic Oscillator | 97.63 |
| Stochastic RSI | 97.6 |
| Commodity Channel Index (CCI) | 150.81 |
| Awesome Oscillator | 33.59 |
| Momentum | 27.72 |
| MACD | 13.01 |
2026-05-06
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 274.65 | Buy |
| 10-Day | 267.27 | Buy |
| 20-Day | 254.42 | Buy |
| 60-Day | 233.44 | Buy |
| 200-Day | 229.62 | Buy |
| 250-Day | 224.56 | Buy |