Technical Analysis for QABA - First Trust NASDAQ ABA Community Bank Index Fund

Grade Last Price % Change Price Change
B 60.28 0.92% 0.55
QABA closed down 0.58 percent on Wednesday, November 20, 2024, on 4.51 times normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.92%
1,2,3 Pullback Bullish Bullish Swing Setup 0.92%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.92%
Volume Surge Other 0.92%
Down 3 Days in a Row Weakness 0.92%
Down 4 Days in a Row Weakness 0.92%
Down 5 Days in a Row Weakness 0.92%
Multiple of Ten Bullish Other 0.33%
Down 3 Days in a Row Weakness 0.33%
Down 4 Days in a Row Weakness 0.33%

   Recent Intraday Alerts

Alert Time
Non-ADX 1,2,3,4 Pullback Entry about 2 hours ago
1,2,3, Pullback Entry about 2 hours ago
Hammer Candlestick Entry about 2 hours ago
Rose Above Previous Day's High about 2 hours ago
1.5x Volume Pace about 2 hours ago

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) ABA Community Bank Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. For the purposes of the index, a "community bank" is considered to be all U.S.banks and thrifts or their holding companies listed on NASDAQ(R), excluding the 50 largest U.S. banks by asset size. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Stock Market Index Nasdaq Composite Index Community Bank Holding Companies

Top 10 Components

Symbol Grade Price % Change Allocation
CBSH B 1.78 4.51
WTFC B 0.83 4.24
UMBF B 1.17 2.92
FFIN B 0.53 2.88
UBSI B 1.73 2.79
OZK B 1.87 2.64
HWC B 2.22 2.50
IBOC B 2.10 2.18
TCBI B 0.00 2.00
BANF B 1.59 1.98

Is QABA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 62.665
52 Week Low 41.3057
Average Volume 15,691
200-Day Moving Average 48.87
50-Day Moving Average 54.93
20-Day Moving Average 57.81
10-Day Moving Average 60.62
Average True Range 1.29
RSI (14) 59.51
ADX 34.9
+DI 38.49
-DI 19.65
Chandelier Exit (Long, 3 ATRs) 58.80
Chandelier Exit (Short, 3 ATRs) 56.95
Upper Bollinger Bands 64.40
Lower Bollinger Band 51.22
Percent B (%b) 0.65
BandWidth 22.79
MACD Line 1.82
MACD Signal Line 1.79
MACD Histogram 0.0302
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 60.72
Resistance 3 (R3) 60.68 60.30 60.56
Resistance 2 (R2) 60.30 60.05 60.33 60.50
Resistance 1 (R1) 60.02 59.90 59.83 60.06 60.44
Pivot Point 59.64 59.64 59.55 59.67 59.64
Support 1 (S1) 59.36 59.39 59.17 59.40 59.02
Support 2 (S2) 58.98 59.24 59.01 58.96
Support 3 (S3) 58.70 58.98 58.91
Support 4 (S4) 58.74