FTXL First Trust Nasdaq Semiconductor ETF Forecast, Technical & Fundamental Analysis
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 TM Index... Show more
FTXL in downward trend: 10-day moving average moved below 50-day moving average on February 27, 2025
The 10-day moving average for FTXL crossed bearishly below the 50-day moving average on February 27, 2025. 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 .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on March 27, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on FTXL as a result. In of 92 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 March 28, 2025. 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 50 similar instances when the indicator turned negative. In of the 50 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 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 .
The Aroon Indicator for FTXL entered a downward trend on April 01, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FTXL advanced for three days, in of 321 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.
General Information
Category Technology
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| GMSRX | 10.29 | 0.01 | +0.10% |
| Nationwide Small Cap Index R | |||
| NOEMX | 11.55 | N/A | N/A |
| Northern Emerging Markets Equity Index | |||
| SVAIX | 6.30 | N/A | N/A |
| Federated Hermes Strategic Value Div IS | |||
| GCEEX | 8.51 | N/A | N/A |
| Goldman Sachs Clean Energy Income R6 | |||
| FOSCX | 27.82 | -0.01 | -0.04% |
| Tributary Small Company Instl | |||
FTXL and ETFs
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 99% 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.
| Ticker / NAME | Correlation To FTXL | 1D Price Change % | ||
|---|---|---|---|---|
| FTXL | 100% | +0.46% | ||
| SOXX - FTXL | 99% Closely correlated | +0.05% | ||
| SMH - FTXL | 96% Closely correlated | +0.48% | ||
| FTEC - FTXL | 90% Closely correlated | +0.83% | ||
| VGT - FTXL | 89% Closely correlated | +0.84% | ||
| XLK - FTXL | 88% Closely correlated | +0.73% | ||
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