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(QCLN) First Trust complete technical analysis [charts+indicators] | Buy/Sell First Trust | (QCLN) share price targets

Complete technical analysis of First Trust (QCLN) by charts plus indicators, forecast predictions and share price targets for First Trust (QCLN)

First Trust trades in USA in N A sector.

10 day averaged volume of First Trust is 193260

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	31.25	30.53	31.52	30.40	0.514 times
22 Mon Apr 2024	30.61	30.43	30.79	29.95	0.722 times
19 Fri Apr 2024	30.48	30.59	30.87	30.32	0.631 times
18 Thu Apr 2024	30.73	31.14	31.33	30.50	0.856 times
17 Wed Apr 2024	31.17	31.23	31.67	31.02	0.744 times
16 Tue Apr 2024	31.03	31.23	31.39	30.85	1.819 times
15 Mon Apr 2024	31.64	32.76	32.83	31.54	0.826 times
12 Fri Apr 2024	32.70	33.66	33.82	32.61	0.746 times
11 Thu Apr 2024	33.92	34.05	34.15	33.26	0.5 times
10 Wed Apr 2024	33.84	33.66	33.91	33.46	1.693 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.4, but if it comes above 31.4, then a intra day buy could be more profitable.
If you take a sell trade below 31.4, then use 31.4 as stoploss and 29.6 as target. However if you take a buy trade in stock , then use 31.4 as stoploss and 32.83 as target.

Share price targets for First Trust (QCLN)

Target Type	Value
Downside Target	29.95
Upside Target	31.52
Upside Target	32.35
Upside Target	34.94
Upside Target	35.08
Upside Target	36.08
Upside Target	36.22
Upside Target	37.86
Upside Target	42.22
Upside Target	43.50

Intraday share price targets for First Trust (QCLN)

Target Type	Value
Downside Intraday Target	30.29
Downside Intraday Target	29.34
Upside Intraday Target	31.86
Upside Intraday Target	32.48
Downside Intraday Target	30.91

Weekly technical analysis of First Trust (QCLN)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	31.25	30.43	31.52	29.95	0.254 times
19 Fri Apr 2024	30.48	32.76	32.83	30.32	0.955 times
12 Fri Apr 2024	32.70	33.38	34.72	32.61	1.154 times
05 Fri Apr 2024	33.19	34.85	34.94	32.89	1.583 times
28 Thu Mar 2024	34.68	33.27	35.08	33.03	0.739 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of First Trust (QCLN)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	31.25	34.85	34.94	29.95	0.754 times
28 Thu Mar 2024	34.68	35.16	36.22	32.35	0.966 times
29 Thu Feb 2024	35.15	35.45	37.86	33.43	0.827 times
31 Wed Jan 2024	34.71	41.53	42.22	34.05	0.804 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of First Trust (QCLN)

Price action analysis of First Trust ( (QCLN) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of First Trust ( (QCLN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of First Trust ( (QCLN) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of First Trust ( (QCLN) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for First Trust stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for First Trust in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

First Trust Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for First Trust in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of First Trust is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 31.83 and First Trust (QCLN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the First Trust (QCLN) stock. Volume based technical analysis of First Trust (QCLN) stock is negative.

First Trust Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.