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FTQI
ETF ticker: NASDAQ
AS OF
Dec 18, 04:59 PM (EDT)
Price
$20.81
Change
-$0.43 (-2.02%)
Net Assets
536.19M

FTQI stock forecast, quote, news & analysis

Category: @Trading
FTQI
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
A.I.Advisor
a Summary for FTQI with price predictions
Dec 17, 2024

Momentum Indicator for FTQI turns positive, indicating new upward trend

FTQI saw its Momentum Indicator move above the 0 level on November 25, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 83 similar instances where the indicator turned positive. In of the 83 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FTQI advanced for three days, in of 348 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 359 cases where FTQI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for FTQI moved out of overbought territory on December 17, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 55 similar instances where the indicator moved out of overbought territory. In of the 55 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 15 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Moving Average Convergence Divergence Histogram (MACD) for FTQI turned negative on December 16, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FTQI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Walmart (NYSE:WMT), Eli Lilly & Co (NYSE:LLY).

Industry description

The investment seeks to provide current income. The fund will pursue its investment objective by investing primarily in equity securities listed on U.S. exchanges and by utilizing an “option strategy” consisting of writing (selling) U.S. exchange-traded call options on the Nasdaq-100 Index ®. The call options written by the fund will have expirations of less than one year, and will be typically written at-the-money to out-of-the-money.

Market Cap

The average market capitalization across the First Trust Nasdaq BuyWrite Income ETF ETF is 160.33B. The market cap for tickers in the group ranges from 20.66M to 3.19T. NVDA holds the highest valuation in this group at 3.19T. The lowest valued company is LOGN at 20.66M.

High and low price notable news

The average weekly price growth across all stocks in the First Trust Nasdaq BuyWrite Income ETF ETF was 22%. For the same ETF, the average monthly price growth was 35%, and the average quarterly price growth was 140%. AVGO experienced the highest price growth at 40%, while ADBE experienced the biggest fall at -17%.

Volume

The average weekly volume growth across all stocks in the First Trust Nasdaq BuyWrite Income ETF ETF was 12%. For the same stocks of the ETF, the average monthly volume growth was -4% and the average quarterly volume growth was -19%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 67
P/E Growth Rating: 58
Price Growth Rating: 45
SMR Rating: 49
Profit Risk Rating: 41
Seasonality Score: 7 (-100 ... +100)
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FTQI
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Derivative Income
Address
Wheaton
Phone
N/A
Web
www.ftportfolios.com