First Trust Technology Etf Technical Analysis
| FXL Etf | USD 160.19 -0.06 -0.04% |
As of the 15th of March 2026, First Trust trades at 160.19 per share. Key technical indicators include Variance of 2.17, mean deviation of 1.11, and Standard Deviation of 1.47. The technical model evaluates historical price movement, trading volume, and volatility patterns to quantify trend strength. Current values are evaluated relative to sector peers and historical ranges.
First Trust Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as First, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FirstFirst Trust's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.The market value of First Trust Technology is measured differently than book value, which reflects First accounting equity. With a P/B ratio of 3.21, the market values First Trust well above its book equity. Intrinsic value represents an estimate of underlying worth and can differ from both market price and book value. Valuation methods compare these perspectives to frame context.
Note that First Trust's intrinsic value and market price are different measures derived from different inputs. For First Trust, key inputs include a P/E ratio of 21.94, and a P/B ratio of 3.21. By contrast, market price reflects the level where buyers and sellers transact.
What if' Analysis
Running a what-if backtest on First Trust Technology gives investors a practical way to test how changes in horizon, position size, or market timing might have affected the result. Used properly, this review helps investors decide whether First Trust's historical reward profile was stable enough to support the current thesis.
| 12/15/2025 |
| 03/15/2026 |
If you invested 0.00 in First Trust on December 15, 2025 and closed the position today, you would earn 0.00 in total gains. That corresponds to a 0.0% return on investment in First Trust overall over 90 days. First Trust is related to or competes with First Trust, First Trust, First Trust, First Trust, Franklin Templeton, FT Cboe, and Invesco Exchange. Peer context helps frame relative positioning. The fund will normally invest at least 90 percent of its net assets in the common stocks that comprise the index More
First Trust Upside and Downside Indicators Overview
Upside and downside indicators for First Trust summarize momentum balance and potential range context for the ETF. They compare current price to recent trend and sentiment readings.
| Information Ratio | -0.06 | |||
| Maximum Drawdown | 8.11 | |||
| Value At Risk | -2.78 | |||
| Potential Upside | 1.82 |
First Trust Market Risk Indicators Overview
Market risk indicators summarize volatility and return dispersion for First Trust. The metrics rely on historical prices to describe variability over time.| Risk Adjusted Performance | -0.06 | |||
| Jensen Alpha | -0.07 | |||
| Total Risk Alpha | -0.04 | |||
| Treynor Ratio | -0.1 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Trust's price to converge to an average value over time is called mean reversion.
Technical Indicators
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| Risk Adjusted Performance | -0.06 | |||
| Market Risk Adjusted Performance | -0.09 | |||
| Mean Deviation | 1.11 | |||
| Coefficient Of Variation | -1,266 | |||
| Standard Deviation | 1.47 | |||
| Variance | 2.17 | |||
| Information Ratio | -0.06 | |||
| Jensen Alpha | -0.07 | |||
| Total Risk Alpha | -0.04 | |||
| Treynor Ratio | -0.1 | |||
| Maximum Drawdown | 8.11 | |||
| Value At Risk | -2.78 | |||
| Potential Upside | 1.82 | |||
| Skewness | 0.1751 | |||
| Kurtosis | 1.56 |
First Trust Technology Backtested Returns
First Trust appears to exhibit a very low volatility profile over the selected 3 months investment horizon. It maintains a Sharpe Ratio of -0.0499, suggesting a return-to-volatility ratio of -0.0499. Indicator analysis identified twenty-three signals affecting performance dispersion. Please review metrics such as mean deviation of 1.11, standard deviation of 1.47, and Variance of 2.17 to confirm whether our risk estimates align with your expectations. The etf has a beta of 1.33, which means a somewhat significant risk relative to the market. As the market goes up, the ETF is expected to outperform it. However, if the market returns are negative, First Trust will likely underperform.
Auto-correlation | -0.51 |
Good reverse predictability
The autocorrelation profile for First Trust Technology registers good reverse predictability between the two measured intervals. When lagged price patterns show consistency, they can serve as a partial input for modeling First Trust Technology's near-term price behavior. A serial correlation of -0.51 indicates that about 51.0% of current First Trust price fluctuations can be explained by its historical price movements. Given that First Trust Technology has negative autocorrelation for the selected time horizon, market participants may evaluate potential contrarian price behavior over comparable future intervals.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 10.54 |
First Trust technical etf analysis uses price and volume transformations to study behavior. Typical tools include moving averages, relative strength index, regressions, and price correlations.
Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of First Trust Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technical Analysis Methodology & Indicators
Technical analysis of First Trust evaluates traded price structure, volume, and spread stability relative to NAV behavior. Trend persistence provides context for directional stability. Market-sensitive characteristics may increase exposure to broader economic cycles.
Unless otherwise specified, data for First Trust Technology is compiled from fund disclosures and market reference feeds and standardized for comparability. Updates may occur throughout the day.
This content is curated and reviewed by:
Rifka Kats - Member of Macroaxis Editorial BoardFirst Trust Technical Indicators
A technical review of First Trust Technology can improve timing discipline by comparing momentum, reversal risk, and confirmation signals across several time horizons. The stronger process confirms one signal with others instead of reacting to one pattern in isolation.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | -0.06 | |||
| Market Risk Adjusted Performance | -0.09 | |||
| Mean Deviation | 1.11 | |||
| Coefficient Of Variation | -1,266 | |||
| Standard Deviation | 1.47 | |||
| Variance | 2.17 | |||
| Information Ratio | -0.06 | |||
| Jensen Alpha | -0.07 | |||
| Total Risk Alpha | -0.04 | |||
| Treynor Ratio | -0.1 | |||
| Maximum Drawdown | 8.11 | |||
| Value At Risk | -2.78 | |||
| Potential Upside | 1.82 | |||
| Skewness | 0.1751 | |||
| Kurtosis | 1.56 |
First Trust Technology One Year Return
Based on the recorded statements, First Trust Technology has an One Year Return of 22.1%. This is 142.32% higher than that of the First Trust family and 24.42% higher than that of the Technology category. The one year return for all United States etfs is notably lower than that of the ETF.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.March 15, 2026 Daily Trend Indicators
A technical review of First Trust Technology can improve timing discipline by comparing momentum, reversal risk, and confirmation signals across several time horizons. The stronger process confirms one signal with others instead of reacting to one pattern in isolation.
| Accumulation Distribution | 0.01 | ||
| Daily Balance Of Power | -0.03 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 161.07 | ||
| Day Typical Price | 160.78 | ||
| Price Action Indicator | -0.91 | ||
| Market Facilitation Index | 2.20 |
More Resources for First Etf Analysis
A structured review of First Trust Technology often starts with core financial statements and trend context. Key ratios help frame profitability, efficiency, and growth context for First Trust Technology Etf. Outlined below are key reports that provide context for First Trust Technology Etf:Use Investing Opportunities to better understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This includes a position in First Trust Technology within the portfolio mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in median. Analysis related to First Trust should be read together with other portfolio and risk tools before capital is reallocated. That is especially important when the goal is to improve the overall mix of instruments already held. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of First Trust Technology is measured differently than book value, which reflects First accounting equity. With a P/B ratio of 3.21, the market values First Trust well above its book equity. Intrinsic value represents an estimate of underlying worth and can differ from both market price and book value. Valuation methods compare these perspectives to frame context.
Note that First Trust's intrinsic value and market price are different measures derived from different inputs. For First Trust, key inputs include a P/E ratio of 21.94, and a P/B ratio of 3.21. By contrast, market price reflects the level where buyers and sellers transact.