First Trust Nasdaq Semiconductor ETF (FTXL)

First Trust Nasdaq Semiconductor ETF is trading at $213.13, down 6.64% on the session. The 50 day average sits at $236.55 and the 200 day at $208.68, which puts the stock in a uptrend. RSI is at 36, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $219.57 with resistance near $229.34, so that band frames the current range. Average daily movement is roughly $7.69, or about 3.6% of the share price, which is what any stop placement has to allow for. The overall health score of 52 out of 100 combines a trend score of 69, momentum of 28 and a risk score of 59.

The fund invests at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to provide exposure to U.S. companies comprising the semiconductor sector that have been selected based upon their liquidity and ranking. It is non-diversified.