Technical Analysis for FAD - First Trust MuFirst Trust Multi CG AlphaDEX
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| C | 121.67 | 1.40% | 1.68 |
FAD closed up 1.4 percent on Monday, May 6, 2024, on 62 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Crossed Above 50 DMA | Bullish | 0.00% | |
| Pocket Pivot | Bullish Swing Setup | 0.00% | |
| Stochastic Reached Overbought | Strength | 0.00% | |
| Gapped Up | Strength | 0.00% | |
| Overbought Stochastic | Strength | 0.00% | |
| Up 3 Days in a Row | Strength | 0.00% | |
| Up 4 Days in a Row | Strength | 0.00% | |
| NR7 | Range Contraction | 1.40% | |
| Narrow Range Bar | Range Contraction | 1.40% | |
| Multiple of Ten Bearish | Other | 1.40% |
| Alert | Time |
|---|---|
| 60 Minute Opening Range Breakout | about 4 hours ago |
| Possible Pocket Pivot | about 4 hours ago |
| Rose Above Previous Day's High | about 9 hours ago |
| Rose Above 50 DMA | about 9 hours ago |
| Up 1% | about 9 hours ago |
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Basic chart:
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Multi Cap Growth Index.
The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P Composite 1500(R) Growth Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.
Keywords: Exchange Traded Fund ETF
Classification
Keywords: Exchange Traded Fund ETF
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 125.14 |
| 52 Week Low | 92.573 |
| Average Volume | 4,362 |
| 200-Day Moving Average | 109.35 |
| 50-Day Moving Average | 120.49 |
| 20-Day Moving Average | 118.39 |
| 10-Day Moving Average | 118.71 |
| Average True Range | 1.42 |
| RSI (14) | 59.02 |
| ADX | 15.82 |
| +DI | 40.38 |
| -DI | 31.79 |
| Chandelier Exit (Long, 3 ATRs) | 119.07 |
| Chandelier Exit (Short, 3 ATRs) | 118.80 |
| Upper Bollinger Bands | 122.50 |
| Lower Bollinger Band | 114.27 |
| Percent B (%b) | 0.9 |
| BandWidth | 6.96 |
| MACD Line | -0.23 |
| MACD Signal Line | -0.66 |
| MACD Histogram | 0.4338 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 123.50 | ||||
| Resistance 3 (R3) | 123.30 | 122.48 | 123.20 | ||
| Resistance 2 (R2) | 122.48 | 122.02 | 122.59 | 123.09 | |
| Resistance 1 (R1) | 122.08 | 121.73 | 122.28 | 122.28 | 122.99 |
| Pivot Point | 121.26 | 121.26 | 121.37 | 121.37 | 121.26 |
| Support 1 (S1) | 120.86 | 120.80 | 121.06 | 121.06 | 120.35 |
| Support 2 (S2) | 120.04 | 120.51 | 120.15 | 120.25 | |
| Support 3 (S3) | 119.64 | 120.04 | 120.15 | ||
| Support 4 (S4) | 119.84 |
