FBT

Technical Sentiment Analysis for First Trust Amex Biotech Index Fund (FBT). As of 2026-07-07, First Trust Amex Biotech Index Fund (FBT) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 16 technical signals, shows that 10 indicators are flashing buy, while 6 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for FBT stands at 83.13, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 9.82, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 97.83 and the Commodity Channel Index (CCI) at 124.26 further confirm a 26.4 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, FBT is trading above its 60-day moving average of $219.23 and above its 200-day long-term moving average of $206.89. Key price levels to watch include the immediate resistance at $260.22 and strong support at $231.34. A break above $260.22 could signal a bull continuation, while falling below $231.34 may test the next Fibonacci floor at $215.78.