Technical Analysis for XFEB - FT Vest U.S. Equity Enhance & Moderate Buffer ETF - February
Grade | Last Price | % Change | Price Change |
---|---|---|---|
B | 30.52 | 0.76% | 0.23 |
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | N/A | N/A | Up |
Date | Alert Name | Type | % Chg |
---|---|---|---|
New 52 Week Closing High | Bullish | 0.00% | |
Narrow Range Bar | Range Contraction | 0.00% | |
New 52 Week High | Strength | 0.00% | |
Stochastic Reached Overbought | Strength | 0.00% | |
Gapped Up | Strength | 0.00% | |
Overbought Stochastic | Strength | 0.00% | |
NR7 | Range Contraction | 0.76% | |
Narrow Range Bar | Range Contraction | 0.76% | |
Inside Day | Range Contraction | 0.76% | |
20 DMA Support | Bullish | 0.73% |
Alert | Time |
---|---|
60 Minute Opening Range Breakout | about 4 hours ago |
New 52 Week High | about 4 hours ago |
Gapped Up (Full) | about 7 hours ago |
Rose Above Previous Day's High | about 7 hours ago |
Up 1 ATR | about 7 hours ago |
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FT Vest U.S. Equity Enhance & Moderate Buffer ETF - February Description
XFEB aims to provide approximately 2x any positive price returns of the S&P 500 ETF with a predetermined cap. The fund uses options in an effort to moderate losses over a one-year period starting each February. Using SPY is a slightly different approach than using S&P 500 Index FLEX options, what is gained in favorable tax treatment may be lost in higher expense. The fund foregoes some upside return on SPY, which is reset annually, in exchange for preventing the realization of the first 15% of its losses. The upside cap is determined at each reset and will fluctuate, depending on market conditions. Investors who buy XFEB shares at any other time than the annual reset day may have a very different protection level and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the funds expense ratio. The fund is actively managed and uses FLEX options exclusively.
Classification
Keywords: Exchange Traded Funds S&P 500 S&P 500 Index Flex
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 30.52 |
52 Week Low | 29.8438 |
Average Volume | 26,261 |
200-Day Moving Average | 0.00 |
50-Day Moving Average | 0.00 |
20-Day Moving Average | 30.27 |
10-Day Moving Average | 30.33 |
Average True Range | 0.13 |
RSI (14) | 63.64 |
ADX | 7.75 |
+DI | 35.06 |
-DI | 26.22 |
Chandelier Exit (Long, 3 ATRs) | 30.13 |
Chandelier Exit (Short, 3 ATRs) | 30.31 |
Upper Bollinger Bands | 30.56 |
Lower Bollinger Band | 29.99 |
Percent B (%b) | 0.94 |
BandWidth | 1.86 |
MACD Line | 0.06 |
MACD Signal Line | 0.03 |
MACD Histogram | 0.0272 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 30.59 | ||||
Resistance 3 (R3) | 30.58 | 30.55 | 30.58 | ||
Resistance 2 (R2) | 30.55 | 30.53 | 30.55 | 30.57 | |
Resistance 1 (R1) | 30.54 | 30.52 | 30.54 | 30.54 | 30.57 |
Pivot Point | 30.51 | 30.51 | 30.51 | 30.51 | 30.51 |
Support 1 (S1) | 30.49 | 30.49 | 30.50 | 30.50 | 30.47 |
Support 2 (S2) | 30.46 | 30.48 | 30.46 | 30.47 | |
Support 3 (S3) | 30.45 | 30.46 | 30.46 | ||
Support 4 (S4) | 30.45 |