Technical Analysis for DDIV - First Trust Dorsey Wright Momentum & Dividend ETF

Grade Last Price % Change Price Change
grade D 21.18 -0.98% -0.21
DDIV closed down 0.98 percent on Tuesday, December 18, 2018, on 2.12 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical DDIV trend table...

Date Alert Name Type % Chg
Dec 18 New 52 Week Closing Low Bearish 0.00%
Dec 18 Lower Bollinger Band Walk Weakness 0.00%
Dec 18 New 52 Week Low Weakness 0.00%
Dec 18 Below Lower BB Weakness 0.00%
Dec 18 Down 3 Days in a Row Weakness 0.00%
Dec 18 Down 4 Days in a Row Weakness 0.00%
Dec 18 Lower Bollinger Band Touch Weakness 0.00%
Dec 18 Oversold Stochastic Weakness 0.00%
Dec 17 New 52 Week Closing Low Bearish -0.98%
Dec 17 Lower Bollinger Band Walk Weakness -0.98%

Older signals for DDIV ...

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The First Trust Dorsey Wright Momentum & Dividend ETF, formerly the First Trust RBA Quality Income ETF, seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Dividend Yield Index (the "Index"). Under normal conditions, the Fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and was developed by Nasdaq, Inc. (the "Index Provider"). The Dorsey Wright Momentum Plus Dividend Yield Index is a rules-based equity index that is designed to track the overall performance of the 50 highest dividend yielding stocks within the NASDAQ US Large Mid Cap Index that maintain high levels of relative strength. To construct the index, Dorsey, Wright & Associates (DWA) begins with the eligible constituents of the NASDAQ US Large Mid Cap Index. These eligible constituents are determined after meeting certain criteria, including maintaining a minimum average daily dollar volume of $1 million for the 30-day period prior to evaluation. Each security is assigned a relative strength score based on its forward price momentum compared to the momentum of a broad market benchmark index. Securities that exhibit a minimum level of relative strength are eligible for inclusion in the index. Eligible securities are then ranked based upon their current dividend yield, and the top 50 securities with the highest dividend yield are selected for inclusion in the index. The securities are then weighted, with greater weights given to securities with higher dividend yields. The index is reconstituted and rebalanced quarterly.
Is DDIV a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicator Value
52 Week High 25.99
52 Week Low 21.08
Average Volume 4,960
200-Day Moving Average 24.486
50-Day Moving Average 23.2688
20-Day Moving Average 22.7192
10-Day Moving Average 22.198
Average True Range 0.327
ADX 36.28
+DI 14.0149
-DI 56.3958
Chandelier Exit (Long, 3 ATRs ) 22.729
Chandelier Exit (Short, 3 ATRs ) 22.061
Upper Bollinger Band 24.0769
Lower Bollinger Band 21.3615
Percent B (%b) -0.07
BandWidth 11.952005
MACD Line -0.5131
MACD Signal Line -0.3527
MACD Histogram -0.1604
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 21.69
Resistance 3 (R3) 21.71 21.57 21.61
Resistance 2 (R2) 21.57 21.44 21.56 21.58
Resistance 1 (R1) 21.37 21.36 21.30 21.35 21.55
Pivot Point 21.23 21.23 21.19 21.22 21.23
Support 1 (S1) 21.03 21.10 20.96 21.01 20.81
Support 2 (S2) 20.89 21.02 20.88 20.78
Support 3 (S3) 20.69 20.89 20.76
Support 4 (S4) 20.67