Technical Analysis for RNDV - First Trust US Equity Dividend Select ETF

Grade Last Price % Change Price Change
B 29.96 -0.40% -0.12
RNDV closed down 0.4 percent on Tuesday, April 16, 2024, on 24 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Multiple of Ten Bearish Other 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
50 DMA Resistance Bearish -0.40%
MACD Bearish Centerline Cross Bearish -0.40%

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Profile

First Trust US Equity Dividend Select ETF Description

The US Equity Dividend Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze US Equity Dividend Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks 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 is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").


Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Index Fund Stock Market Index

Top 10 Components

Symbol Grade Price % Change Allocation
IBM C 1.38 4.31
GLW C -1.18 3.89
HPQ D -0.61 3.60
VZ B -0.85 3.55
HPE A -0.70 3.47
TXN B 0.75 3.06
QCOM A -0.74 2.50
HAS B -1.01 2.26
MCHP B 0.27 1.91
IPG D -0.23 1.88

Is RNDV 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 31.69
52 Week Low 25.457
Average Volume 8,626
200-Day Moving Average 28.81
50-Day Moving Average 30.48
20-Day Moving Average 31.00
10-Day Moving Average 30.79
Average True Range 0.34
RSI (14) 34.64
ADX 22.0
+DI 22.62
-DI 35.36
Chandelier Exit (Long, 3 ATRs) 30.68
Chandelier Exit (Short, 3 ATRs) 30.97
Upper Bollinger Bands 31.87
Lower Bollinger Band 30.12
Percent B (%b) -0.09
BandWidth 5.67
MACD Line -0.08
MACD Signal Line 0.11
MACD Histogram -0.1912
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 30.13
Resistance 3 (R3) 30.15 30.11 30.10
Resistance 2 (R2) 30.11 30.07 30.10 30.10
Resistance 1 (R1) 30.04 30.04 30.02 30.02 30.09
Pivot Point 30.00 30.00 29.99 29.99 30.00
Support 1 (S1) 29.93 29.96 29.91 29.91 29.84
Support 2 (S2) 29.89 29.93 29.88 29.83
Support 3 (S3) 29.81 29.89 29.82
Support 4 (S4) 29.79