Meyka Pro banner
First Trust Global Tactical Commodity Strategy Fund

FTGC Technical Analysis Summary (NASDAQ)

Analyze FTGC on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

FTGCNASDAQ
Financial ServicesAsset Management
$30.25
$0.21(0.72%)
U.S. Market is Open · 14:22

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

FTGC Technical Analysis Summary (NASDAQ)

First Trust Global Tactical Commodity Strategy Fund (NASDAQ: FTGC) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 65.09)
Trend Strength:Moderate (ADX: 26.36)
Volatility:Low (ATR: 0.29)
Support/Resistance:$28.28 – $30.13 (Bollinger Bands)

Technical conditions suggest First Trust Global Tactical Commodity Strategy Fund on the NASDAQ is awaiting a decisive move. Overall, First Trust Global Tactical Commodity Strategy Fund remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 65.09

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 95.28

Bearish
Overbought levels may trigger pullback.

Williams %R: -5.59

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 3.33

Bullish
Steady upward momentum.

Takeaway:First Trust Global Tactical Commodity Strategy Fund shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.35

Bullish
Bullish, trend momentum is strengthening.

ADX: 26.36

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.29

Low
Low volatility, stable price action.

CCI (14): 111.09

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:First Trust Global Tactical Commodity Strategy Fund shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$30.13
Middle Band (SMA 20)
$29.21
Lower Band
$28.28
Current Position
Above Upper Band

Takeaway:First Trust Global Tactical Commodity Strategy Fund trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$29.80
Middle Line (EMA 20)
$29.21
Lower Channel
$28.63
Squeeze Status
No Squeeze

Takeaway:First Trust Global Tactical Commodity Strategy Fund trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume-14.95M
Money Flow Index56.88Neutral, balanced money flows with no clear signal.
Relative Vigor Index56.49Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:FTGC shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of First Trust Global Tactical Commodity Strategy Fund (NASDAQ: FTGC), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:First Trust Global Tactical Commodity Strategy Fund currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(NASDAQ: FTGC) Technical Analysis FAQ