Technical Analysis for QSPT - FT CBOE Vest Nasdaq-100 Buffer ETF - September

Grade Last Price % Change Price Change
B 24.45 -0.50% -0.12
QSPT closed down 0.5 percent on Thursday, April 18, 2024, on 49 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
MACD Bearish Centerline Cross Bearish 0.00%
NR7 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Strong but Oversold Other 0.00%
BB Squeeze Ended Range Expansion 0.00%
Strong, Oversold and Reversal Signs Reversal 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%

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Profile

FT CBOE Vest Nasdaq-100 Buffer ETF - September Description

First Trust Exchange-Traded Fund VIII - FT Cboe Vest Nasdaq-100 Buffer ETF - September is an exchange traded fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Cboe Vest Financial, LLC. It invests in public equity markets of global region. The fund invests through derivatives in stocks of companies operating across energy, real estate, materials, industrials, consumer discretionary, consumer staples, health care, information technology, communication services, utilities sectors. It uses derivatives such as flexible exchange options that reference the performance of the Invesco QQQ Trust, Series 1 to create its portfolio. The fund invests in growth and value stocks of large-cap companies. First Trust Exchange-Traded Fund VIII - FT Cboe Vest Nasdaq-100 Buffer ETF - September was formed on September 17, 2021 and is domiciled in the United States.


Classification

Keywords: Exchange Traded Funds SPDR Synthetic Replication Nasdaq 100 Invesco Chicago Board Options Exchange Communication Services

Is QSPT 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 25.05
52 Week Low 18.44
Average Volume 33,563
200-Day Moving Average 22.70
50-Day Moving Average 24.64
20-Day Moving Average 24.84
10-Day Moving Average 24.77
Average True Range 0.17
RSI (14) 38.65
ADX 17.79
+DI 17.84
-DI 28.06
Chandelier Exit (Long, 3 ATRs) 24.54
Chandelier Exit (Short, 3 ATRs) 24.93
Upper Bollinger Bands 25.14
Lower Bollinger Band 24.54
Percent B (%b) -0.16
BandWidth 2.40
MACD Line -0.01
MACD Signal Line 0.06
MACD Histogram -0.0705
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.58
Resistance 3 (R3) 24.58 24.54 24.56
Resistance 2 (R2) 24.54 24.51 24.54 24.55
Resistance 1 (R1) 24.50 24.49 24.48 24.49 24.54
Pivot Point 24.46 24.46 24.45 24.46 24.46
Support 1 (S1) 24.41 24.43 24.39 24.41 24.36
Support 2 (S2) 24.37 24.41 24.37 24.35
Support 3 (S3) 24.33 24.37 24.34
Support 4 (S4) 24.32