NB: Before reading the First Trust Nasdaq Transportation ETF analysis below, we’d like to bring your attention to some excellent services for trading stocks like this:
Beat The Market Analyzer: https://logistics-business-review.com/recommended-tool-for-FTXR-investors (this is a fantastic tool – use this to analyze First Trust Nasdaq Transportation ETF in much more depth)
MM Publishing: https://logistics-business-review.com/mmpublishing-for-FTXR-investors
Trading Code: https://logistics-business-review.com/tradingcode-for-FTXR-investors
Trader HR: https://logistics-business-review.com/traderHR-for-FTXR-investors
REPORTING FOR 2019-07-15 | LOGISTICS-BUSINESS-REVIEW.COM: We have conducted a deep analysis of how First Trust Nasdaq Transportation ETF ($FTXR) has been trading over the last 2 weeks and the past day especially. On its latest session, First Trust Nasdaq Transportation ETF ($FTXR) opened at 24.23, reaching a high of 24.23 and a low of 24.19 before closing at a price of 24.19. There was a total volume of 495.0.
VOLUME INDICATORS: We saw an accumulation-distribution index of 23.83, an on-balance volume of -23.83, chaikin money flow of 0.49625 and a force index of 0.2401. There was an ease of movement rating of 0.00346, a volume-price trend of 0.57171 and a negative volume index of 1000.0.
VOLATILITY: We noted an average true range of 0.13881, bolinger bands of 24.67453, an upper bollinger band of 23.17547, lower bollinger band of 24.19, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 24.21667, high band keltner channel of 24.21667, low band keltner channel of 24.21667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 24.19, a donchian channel low band of 24.19, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND: We calculated a Moving Average Convergence Divergence (MACD) of -0.01189, a MACD signal of -0.00661, a MACD difference of -0.00528, a fast Exponential Moving Average (EMA) indicator of 24.19, a slow Exponential Moving Average (EMA) indicator of 24.19, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.23078, a trix of 2.1958, a Mass Index (MI) of 1.8, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -0.54802, a KST Oscillator (KST) of 23.18013 and a KST Oscillator (KST Signal) of 23.18013 (leaving a KST difference of -5.60444). We also found an Ichimoku rating of 24.23, an Ichimoku B rating of 24.23, a Ichimoku visual trend A of 23.64205, an Ichimoku visual trend B of 23.57443, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 93.19756, a stochastic oscillator of 50.0, a stochastic oscillator signal of 50.0, a Williams %R rating of -50.0 and an awesome oscillator of -0.06817.
RETURNS: There was a daily return of 2.31801, a daily log return of -2.21535 and a cumulative return of -2.19099.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-07-15 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for First Trust Nasdaq Transportation ETF ($FTXR)…
For a more complete analysis, run all of this through the BTMA software. Also, to stay up to date with what is happening on First Trust Nasdaq Transportation ETF, we strongly advise First Trust Nasdaq Transportation ETF investors to subscribe to MarketBeat.com’s daily email newsletter for updates, news and analyst ratings on stocks like First Trust Nasdaq Transportation ETF – without this you are trading blind:
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DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling First Trust Nasdaq Transportation ETF ($FTXR) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.
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