FTXG First Trust Nasdaq Food & Beverage ETF Forecast, Technical & Fundamental Analysis
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 US Smart Food & Beverage TM Index... Show more
FTXG in upward trend: price rose above 50-day moving average on August 07, 2025
FTXG moved above its 50-day moving average on August 07, 2025 date and that indicates a change from a downward trend to an upward trend. In of 33 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on August 13, 2025. You may want to consider a long position or call options on FTXG as a result. In of 90 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for FTXG just turned positive on August 11, 2025. Looking at past instances where FTXG's MACD turned positive, the stock continued to rise in of 54 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for FTXG crossed bullishly above the 50-day moving average on August 14, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FTXG advanced for three days, in of 304 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FTXG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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General Information
Category ConsumerStaples
FTXG and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FTXG has been closely correlated with IYK. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if FTXG jumps, then IYK could also see price increases.
| Ticker / NAME | Correlation To FTXG | 1D Price Change % | ||
|---|---|---|---|---|
| FTXG | 100% | -0.88% | ||
| IYK - FTXG | 88% Closely correlated | -0.65% | ||
| XLP - FTXG | 85% Closely correlated | -0.90% | ||
| FSTA - FTXG | 81% Closely correlated | -0.94% | ||
| VDC - FTXG | 79% Closely correlated | -0.85% | ||
| KXI - FTXG | 78% Closely correlated | -0.66% |