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First Trust Long/Short Equity ETF

FTLS Technical Analysis Summary (AMEX)

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

FTLS●AMEX
Financial ServicesAsset Management
$75.94
$0.16(0.21%)
U.S. Market opens in 13h 25m

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

FTLS Technical Analysis Summary (AMEX)

First Trust Long/Short Equity ETF (AMEX: FTLS) stock currently shows a bullish trend on the AMEX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 56.69)
Trend Strength:Moderate (ADX: 29.26)
Volatility:Low (ATR: 0.59)
Support/Resistance:$74.57 – $76.77 (Bollinger Bands)

Technical conditions suggest First Trust Long/Short Equity ETF on the AMEX is awaiting a decisive move. This mix signals that First Trust Long/Short Equity ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 56.69

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 57.38

Neutral
Mid-range signal with no clear trend.

Williams %R: -42.81

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 1.18

Bullish
Steady upward momentum.

Takeaway:First Trust Long/Short Equity ETF shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.36

Bullish
Bullish, trend momentum is strengthening.

ADX: 29.26

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.59

Low
Low volatility, stable price action.

CCI (14): -24.22

Bearish
Bearish, momentum remains under pressure.

Takeaway:First Trust Long/Short Equity ETF shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$76.77
Middle Band (SMA 20)
$75.67
Lower Band
$74.57
Current Position
Within Bands

Takeaway:First Trust Long/Short Equity ETF trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$76.88
Middle Line (EMA 20)
$75.71
Lower Channel
$74.53
Squeeze Status
Squeeze On

Takeaway:First Trust Long/Short Equity ETF trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume1.03M
Money Flow Index62.54Bullish, inflows support continued momentum.
Relative Vigor Index51.88Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of First Trust Long/Short Equity ETF (AMEX: FTLS), 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

MACD below signal line → short-term caution on momentum.

Overall Recommendation:First Trust Long/Short Equity ETF stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(AMEX: FTLS) Technical Analysis FAQ