First Trust Mid Cap Value AlphaDEX Fund ($FNK): Caution Is Advised (2019-07-15)

NB: Before reading the First Trust Mid Cap Value AlphaDEX Fund analysis below, we’d like to bring your attention to some excellent services for trading stocks like this:

Beat The Market Analyzer: https://logistics-business-review.com/recommended-tool-for-FNK-investors (this is a fantastic tool – use this to analyze First Trust Mid Cap Value AlphaDEX Fund in much more depth)
MM Publishing: https://logistics-business-review.com/mmpublishing-for-FNK-investors
Trading Code: https://logistics-business-review.com/tradingcode-for-FNK-investors
Trader HR: https://logistics-business-review.com/traderHR-for-FNK-investors

REPORTING FOR 2019-07-15 | LOGISTICS-BUSINESS-REVIEW.COM: We have conducted a deep analysis of how First Trust Mid Cap Value AlphaDEX Fund ($FNK) has been trading over the last 2 weeks and the past day especially. On its latest session, First Trust Mid Cap Value AlphaDEX Fund ($FNK) opened at 34.2279, reaching a high of 34.487 and a low of 34.2279 before closing at a price of 34.487. There was a total volume of 750.

VOLUME INDICATORS: We saw an accumulation-distribution index of 1964.70518, an on-balance volume of -34.1383, chaikin money flow of 1.0 and a force index of 0.0071. There was an ease of movement rating of 5e-05, a volume-price trend of -0.25836 and a negative volume index of 1000.0.

VOLATILITY: We noted an average true range of 0.25096, bolinger bands of 34.43241, an upper bollinger band of 33.79969, lower bollinger band of 34.2279, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 34.31427, high band keltner channel of 34.05517, low band keltner channel of 34.57337, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 34.2279, a donchian channel low band of 34.2279, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND: We calculated a Moving Average Convergence Divergence (MACD) of -0.00502, a MACD signal of -0.00279, a MACD difference of -0.00223, a fast Exponential Moving Average (EMA) indicator of 34.2279, a slow Exponential Moving Average (EMA) indicator of 34.2279, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.91435, a trix of -0.28757, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of 0.27228, a KST Oscillator (KST) of -7.89202 and a KST Oscillator (KST Signal) of -7.89202 (leaving a KST difference of -1.62101). We also found an Ichimoku rating of 34.35745, an Ichimoku B rating of 34.35745, a Ichimoku visual trend A of 34.51965, an Ichimoku visual trend B of 34.20069, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 33.34925, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -1966.45416, a stochastic oscillator of 100.0, a stochastic oscillator signal of 100.0, a Williams %R rating of -50.0 and an awesome oscillator of 0.02228.

RETURNS: There was a daily return of -0.7892, a daily log return of -0.65571 and a cumulative return of -0.65356.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-07-15 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for First Trust Mid Cap Value AlphaDEX Fund ($FNK)…

For a more complete analysis, run all of this through the BTMA software. Also, to stay up to date with what is happening on First Trust Mid Cap Value AlphaDEX Fund, we strongly advise First Trust Mid Cap Value AlphaDEX Fund investors to subscribe to MarketBeat.com’s daily email newsletter for updates, news and analyst ratings on stocks like First Trust Mid Cap Value AlphaDEX Fund – without this you are trading blind:

We will of course continue to cover the news and price action of First Trust Mid Cap Value AlphaDEX Fund, but it’s easiest for you to just subscribe to MarketBeat’s newsletter above so you don’t miss anything.

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling First Trust Mid Cap Value AlphaDEX Fund ($FNK) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

gary@logistics-business-review.com
Gary Ivenchuck

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