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

Grade Last Price % Change Price Change
A 31.65 -1.52% -0.49
DDIV closed down 1.62 percent on Tuesday, May 11, 2021, on 4.66 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Flat
Historical DDIV trend table...

Date Alert Name Type % Chg
Slingshot Bullish Bullish Swing Setup 0.09%
Volume Surge Other 0.09%
Upper Bollinger Band Walk Strength 0.09%
Overbought Stochastic Strength 0.09%
Gapped Down Weakness 0.09%
Stochastic Sell Signal Bearish -1.52%
New 52 Week High Strength -1.52%
Upper Bollinger Band Walk Strength -1.52%
Overbought Stochastic Strength -1.52%
Upper Bollinger Band Touch Strength -1.52%
Older End-of-Day Signals for DDIV ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
3x Volume Pace about 13 hours ago
2x Volume Pace about 13 hours ago
1.5x Volume Pace about 13 hours ago
Down 2 % about 13 hours ago
Down 1% about 13 hours ago
View Earlier Intraday Alerts

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

First Trust Dorsey Wright Momentum & Dividend ETF Description

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.


Classification

Keywords: Exchange Traded Fund ETF Stock Market Index Dividend Yield S&P 500 Dividend Aristocrats Relative Strength First Trust

Top 10 Components

Symbol Grade Price % Change Allocation
STWD C -0.36 5.14
PRU A -1.70 3.56
SPG B -3.24 3.27
BRX B -2.09 3.09
MPC A -1.96 3.08
STOR C -1.20 2.98
UNM A -1.42 2.97
CMA A -0.91 2.81
KEY A -0.91 2.72
STX C -3.59 2.69
View All DDIV Holdings

Is DDIV a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 32.6296
52 Week Low 17.95
Average Volume 13,918
200-Day Moving Average 24.98
50-Day Moving Average 29.97
20-Day Moving Average 30.89
10-Day Moving Average 31.59
Average True Range 0.44
ADX 23.94
+DI 38.60
-DI 26.67
Chandelier Exit (Long, 3 ATRs ) 31.32
Chandelier Exit (Short, 3 ATRs ) 30.66
Upper Bollinger Band 32.50
Lower Bollinger Band 29.28
Percent B (%b) 0.73
BandWidth 10.42
MACD Line 0.64
MACD Signal Line 0.58
MACD Histogram 0.0648
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 32.60
Resistance 3 (R3) 32.62 32.31 32.43
Resistance 2 (R2) 32.31 32.07 32.30 32.38
Resistance 1 (R1) 31.97 31.91 32.14 31.95 32.32
Pivot Point 31.66 31.66 31.75 31.65 31.66
Support 1 (S1) 31.32 31.42 31.49 31.30 30.92
Support 2 (S2) 31.01 31.26 31.00 30.86
Support 3 (S3) 30.67 31.01 30.81
Support 4 (S4) 30.65