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FTXL
ETF ticker:
NASDAQ
AS OF
Jun 27 closing price
Price
$55.89
Change
-$0.07 (-0.13%)
Net Assets
80.77M

FTXL Price Prediction, First Trust Nasdaq Semiconductor ETF AI Recommendations

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12:00 AM EDT Jun 27, 2022

FTXL's Indicator enters downward trend

The Aroon Indicator for FTXL entered a downward trend on May 23, 2022. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 111 similar instances where the Aroon Indicator formed such a pattern. In 103 of the 111 cases the stock moved lower. This puts the odds of a downward move at 90%.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on June 10, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on FTXL as a result. In of 77 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for FTXL turned negative on June 10, 2022. 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 .

FTXL moved below its 50-day moving average on June 08, 2022 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for FTXL crossed bearishly below the 50-day moving average on June 13, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

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

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where FTXL's RSI Indicator exited the oversold zone, of 21 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 52 cases where FTXL's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FTXL advanced for three days, in of 362 cases, the price rose further within the following month. The odds of a continued upward trend are .

FTXL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed
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published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO), Intel Corp (NASDAQ:INTC), Texas Instruments (NASDAQ:TXN), QUALCOMM (NASDAQ:QCOM), Advanced Micro Devices (NASDAQ:AMD), Applied Materials (NASDAQ:AMAT), Analog Devices (NASDAQ:ADI), Micron Technology (NASDAQ:MU), Lam Research Corp (NASDAQ:LRCX).

Industry description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of the Nasdaq US Smart Semiconductor IndexTM. The fund invests at least 90% of its net assets (including investment borrowings) in the common stocks and depository receipts that comprise the index. The index is designed to provide exposure to U.S. companies comprising the semiconductor sector that have been selected based upon their liquidity and weighted based upon their cumulative score on three investing factors: volatility, value and growth. It is non-diversified.

Market Cap

The average market capitalization across the First Trust Nasdaq Semiconductor ETF ETF is 59.84B. The market cap for tickers in the group ranges from 2.78B to 428.15B. NVDA holds the highest valuation in this group at 428.15B. The lowest valued company is AMBA at 2.78B.

High and low price notable news

The average weekly price growth across all stocks in the First Trust Nasdaq Semiconductor ETF ETF was 6%. For the same ETF, the average monthly price growth was -12%, and the average quarterly price growth was -32%. WOLF experienced the highest price growth at 16%, while NXPI experienced the biggest fall at 1%.

Volume

The average weekly volume growth across all stocks in the First Trust Nasdaq Semiconductor ETF ETF was -76%. For the same stocks of the ETF, the average monthly volume growth was -62% and the average quarterly volume growth was -28%

Fundamental Analysis Ratings

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

Valuation Rating: 45
P/E Growth Rating: 62
Price Growth Rating: 67
SMR Rating: 65
Profit Risk Rating: 38
Seasonality Score: 6 (-100 ... +100)
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General Information

Category Technology

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

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FTXL and

Correlation & Price change

A.I.dvisor indicates that over the last year, FTXL has been closely correlated with SOXX. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if FTXL jumps, then SOXX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FTXL
1D Price
Change %
FTXL100%
-0.13%
SOXX - FTXL
97%
Closely correlated
-0.27%
SMH - FTXL
96%
Closely correlated
-0.33%
IYW - FTXL
88%
Closely correlated
-0.87%
VGT - FTXL
88%
Closely correlated
-0.69%
XLK - FTXL
87%
Closely correlated
-0.68%