


Technical Sentiment Analysis for First Trust NASDAQ ABA Community Bank Index Fund (QABA). As of 2026-07-08, First Trust NASDAQ ABA Community Bank Index Fund (QABA) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 7 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for QABA stands at 61.95, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.31, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 76.73 and the Commodity Channel Index (CCI) at 56.32 further confirm a 1.52 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, QABA is trading above its 60-day moving average of $63.21 and above its 200-day long-term moving average of $59.36. Key price levels to watch include the immediate resistance at $68.77 and strong support at $66.05. A break above $68.77 could signal a bull continuation, while falling below $66.05 may test the next Fibonacci floor at $64.71.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 63.33 | 64.71 | 66.05 | 67.43 | 68.77 | 70.15 | 71.49 |
| Fibonacci | 64.71 | 65.75 | 66.39 | 67.43 | 68.47 | 69.11 | 70.15 |
2026-07-08
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 61.95 |
| Stochastic Oscillator | 76.73 |
| Stochastic RSI | 80.51 |
| Commodity Channel Index (CCI) | 56.32 |
| Awesome Oscillator | 3.29 |
| Momentum | 1.52 |
| MACD | 1.31 |
2026-07-08
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 67.76 | Sell |
| 10-Day | 67.39 | Sell |
| 20-Day | 66.06 | Buy |
| 60-Day | 63.21 | Buy |
| 200-Day | 59.36 | Buy |
| 250-Day | 58.82 | Buy |