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First Trust Long/Short Equity Forecasts for Tomorrow, Week, Month and 5 Years

Updated: April 22 · 2026 at 07:03 UTC

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▲ +0.22%Technical analysis Bullish · Focus area Price + volatility

Forecast Summary

Timeframe	Predicted Price	Past	Historical	Insight
Tomorrow	$72.29 ▼ -0.39%	Yesterday	$72.69 ▲ +0.16%	Tomorrow's First Trust Long/Short Equity (FTLS) setup is anchored to $72.57 and targets $72.29 (-0.39%). The near-term read is downside; watch $74.75 / $70.39 because daily realized volatility is about 2.17%.
Tomorrow's First Trust Long/Short Equity (FTLS) setup is anchored to $72.57 and targets $72.29 (-0.39%). The near-term read is downside; watch $74.75 / $70.39 because daily realized volatility is about 2.17%.
Week	$71.57 ▼ -1.37%	Last Week	$72.99 ▲ +0.58%	The 7-day First Trust Long/Short Equity model moves from $72.99 to $71.57 (-1.37%). It gives downside momentum context for this ETF, so breaks around $74.75 / $70.39 matter more than a single tick.
The 7-day First Trust Long/Short Equity model moves from $72.99 to $71.57 (-1.37%). It gives downside momentum context for this ETF, so breaks around $74.75 / $70.39 matter more than a single tick.
Month	$70.40 ▼ -2.98%	Last Month	$73.48 ▲ +1.25%	The 1-month First Trust Long/Short Equity target is $70.40 (-2.98%), compared with the live reference near $72.57. This horizon blends current trend pressure with underlying holdings, liquidity, and tracking volatility.
The 1-month First Trust Long/Short Equity target is $70.40 (-2.98%), compared with the live reference near $72.57. This horizon blends current trend pressure with underlying holdings, liquidity, and tracking volatility.
Year	$68.83 ▼ -5.15%	Last Year	$74.14 ▲ +2.16%	The 1-year First Trust Long/Short Equity scenario points to $68.83 (-5.15%). Confidence is lower than short-term rows, so treat it as cycle context and re-check it after major market-data updates.
The 1-year First Trust Long/Short Equity scenario points to $68.83 (-5.15%). Confidence is lower than short-term rows, so treat it as cycle context and re-check it after major market-data updates.
5 Years	$65.46 ▼ -9.80%	5 Years Ago	$75.56 ▲ +4.12%	The 5-year First Trust Long/Short Equity view is $65.46 (-9.80%). It is a directional scenario built from bounded drift and volatility, not a guaranteed path.
The 5-year First Trust Long/Short Equity view is $65.46 (-9.80%). It is a directional scenario built from bounded drift and volatility, not a guaranteed path.

Tomorrow$72.29▼ -0.39%

Yesterday$72.69▲ +0.16%

Tomorrow's First Trust Long/Short Equity (FTLS) setup is anchored to $72.57 and targets $72.29 (-0.39%). The near-term read is downside; watch $74.75 / $70.39 because daily realized volatility is about 2.17%.

Week$71.57▼ -1.37%

Last Week$72.99▲ +0.58%

The 7-day First Trust Long/Short Equity model moves from $72.99 to $71.57 (-1.37%). It gives downside momentum context for this ETF, so breaks around $74.75 / $70.39 matter more than a single tick.

Month$70.40▼ -2.98%

Last Month$73.48▲ +1.25%

The 1-month First Trust Long/Short Equity target is $70.40 (-2.98%), compared with the live reference near $72.57. This horizon blends current trend pressure with underlying holdings, liquidity, and tracking volatility.

Year$68.83▼ -5.15%

Last Year$74.14▲ +2.16%

The 1-year First Trust Long/Short Equity scenario points to $68.83 (-5.15%). Confidence is lower than short-term rows, so treat it as cycle context and re-check it after major market-data updates.

5 Years$65.46▼ -9.80%

5 Years Ago$75.56▲ +4.12%

The 5-year First Trust Long/Short Equity view is $65.46 (-9.80%). It is a directional scenario built from bounded drift and volatility, not a guaranteed path.

Risk notice:This forecast is informational only, not financial advice; accuracy depends on volatility, liquidity, macro events, and other external factors.

Price Chart

HistoricalForecastBullishBearish

Technical Analysis

Neutral

Bullish

Neutral

Bearish

Key Indicators

Indicator	Value	Signal
Price	$72.57	Mid
Daily Change	+0.22%	Above
Volatility Cap	13.0%	Mid
Confidence	57%	Below
Data Source	nasdaq-etf-screener	Mid

Historical Data

Current$72.57

Daily Change+0.22%

Market Capn/a

Sourcenasdaq-etf-screener

Current	$72.57	Daily Change	+0.22%
Market Cap	n/a	Source	nasdaq-etf-screener

Support & Resistance Levels

$70.39Support 1

$72.57Current

$74.75Resistance 1

Support and resistance are estimated from the trusted current price until deeper historical data is available.

Price Milestones

Key levels & historical context

Current$72.57Live reference price

Used as the anchor for generated forecast calculations.

Next Month$70.40Model projection-2.98%

Directional scenario based on capped drift.

Forecast Accuracy

How our model has performed

57%

Directional

Generated market-data forecast

This page uses live catalog market data and conservative volatility caps. It is informational, not financial advice.

📊

Our algorithm is re-calibrated weekly using the latest price action, volatility regime, and indicator signals. Accuracy varies by timeframe — short-term momentum is more reliable than long-term projections.

Short term

57%

Direction confidence

Long term

Lower

Forecast uncertainty rises with horizon

Investment Scenarios

If you invest $1,000 in FTLS today

Bullish Scenario

$76.20

+5.00% from current

Target Price$76.20

ScenarioUpside momentum

Probability49%

Base Scenario

$70.40

-2.98%

Target Price$70.40

ScenarioCapped drift

Probability57%

Bearish Scenario

$68.94

-5.00% from current

Target Price$68.94

ScenarioVolatility drawdown

Probability43%

Basis: Scenario model combines current spot price, recent market direction, and conservative asset-class volatility caps.

Forecast Factors

Market Structure

Price structure reflects the latest momentum regime and support/resistance interaction.

Momentum Balanced · 44/100

24H drift-0.39%

7D drift-1.37%

30D drift-2.98%

Technical Signals

Signals combine RSI, MACD, and moving average stacks to estimate short-term direction.

Mixed — Watching · 50/100

RSIn/a

MACDn/a

MA stackn/a

Macro Context

Rates, dollar strength, and cross-asset risk appetite influence medium-term paths.

Risk-Off Caution · 41/100

1M outlook-2.98%

1Y outlook-5.15%

5Y outlook-9.80%

Frequently Asked Questions

Q What is the First Trust Long/Short Equity (FTLS) forecast for tomorrow?

Using the latest BeCoin market snapshot (April 22 · 2026 at 07:03 UTC), First Trust Long/Short Equity is projected near $72.29 versus the current reference around $72.57. That implies a modeled move of -0.39% over the next day, with realized prices still sensitive to intraday volatility.

Q What does the 7-day ETF outlook suggest for FTLS?

The weekly First Trust Long/Short Equity model points to $71.57, which maps to an expected drift of -1.37% from current conditions. This horizon reacts quickly to momentum shifts, so support/resistance breaks can change the path faster than long-term targets.

Q How should I read the First Trust Long/Short Equity 1-month and 1-year targets?

The First Trust Long/Short Equity 1-month target is $70.40 (-2.98%), while the 1-year target is $68.83 (-5.15%). The monthly view tracks prevailing trend pressure, and the yearly view reflects broader cycle assumptions shaped by underlying holdings, liquidity, and tracking volatility.

Q Why does the First Trust Long/Short Equity 5-year scenario differ from short-term rows?

The First Trust Long/Short Equity long-horizon scenario sits near $65.46 with a modeled change of -9.80%. It compounds cycle-continuation assumptions over time, so it should be treated as a scenario envelope rather than a precise endpoint.

Q Where are FTLS support and resistance zones right now?

For First Trust Long/Short Equity, nearest resistance is around $70.39, while nearest support is around $74.75. A clean break above resistance improves continuation odds, while repeated closes under support raise downside risk.

Q How fresh is the First Trust Long/Short Equity market snapshot?

The displayed ETF snapshot is labeled April 22 · 2026 at 07:03 UTC; the latest observed session range is roughly n/a to n/a. These checkpoints are rebuilt from the market feed so the FAQ, milestones, and support/resistance context stay tied to the same data refresh.