First Trust NASDAQ Clean Edge Green Energy Index Fund Price & Performance (QCLN)

The First Trust NASDAQ Clean Edge Green Energy ETF has been downgraded to a sell candidate following Tuesday's trading session. Despite a slight gain of 0.361%, analysts predict a potential 17.94% decline within three months. Falling trading volume and mixed technical signals suggest caution for investors in the short term.12

Recent data reveals significant institutional activity in the First Trust NASDAQ Clean Edge Green Energy Index Fund. Hedge funds like Synergy Asset Management and Kestra Investment Management have acquired new positions, while others increased holdings. This movement highlights ongoing interest in clean energy investments despite recent price fluctuations.34

The First Trust NASDAQ Clean Edge Green Energy Index Fund is experiencing conflicting market indicators. While short-term buy signals are present, long-term trends suggest potential declines. Analysts forecast a trading range between $29.79 and $31.39 for March 26, with resistance at $33.35 and support at $29.58.15