REPORTING FOR 2019-10-22 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how FJP has been trading over the last 2 weeks and the past day especially. On its latest session, First Trust Japan AlphaDEX Fund ($FJP) opened at 49.42, reaching a high of 49.6011 and a low of 49.33 before closing at a price of 49.5223. There was a total volume of 6959.
VOLUME INDICATORS FOR FIRST TRUST JAPAN ALPHADEX FUND ($FJP): We saw an accumulation-distribution index of 201.35336, an on-balance volume of -49.08, chaikin money flow of 1.99393 and a force index of 0.2843. There was an ease of movement rating of 0.00133, a volume-price trend of 2.13605 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR FIRST TRUST JAPAN ALPHADEX FUND ($FJP): We noted an average true range of 0.28351, bolinger bands of 49.71397, an upper bollinger band of 48.52603, lower bollinger band of 49.33, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 49.45037, high band keltner channel of 49.26927, low band keltner channel of 49.63147, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 49.33, a donchian channel low band of 49.33, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR FIRST TRUST JAPAN ALPHADEX FUND ($FJP): We calculated a Moving Average Convergence Divergence (MACD) of -0.00942, a MACD signal of -0.00524, a MACD difference of -0.00419, a fast Exponential Moving Average (EMA) indicator of 49.33, a slow Exponential Moving Average (EMA) indicator of 49.33, 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 0.65948, a trix of 3.78072, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -2.04432, a KST Oscillator (KST) of 43.23347 and a KST Oscillator (KST Signal) of 43.23347 (leaving a KST difference of -2.22055). We also found an Ichimoku rating of 49.51055, an Ichimoku B rating of 49.51055, a Ichimoku visual trend A of 47.61335, an Ichimoku visual trend B of 47.54779, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM INDICATORS FOR FIRST TRUST JAPAN ALPHADEX FUND ($FJP): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 95.78321, a stochastic oscillator of 149.6963, a stochastic oscillator signal of 149.6963, a Williams %R rating of 49.6963 and an awesome oscillator of -0.08535.
RETURNS FOR FIRST TRUST JAPAN ALPHADEX FUND ($FJP): There was a daily return of 4.32335, a daily log return of -0.85505 and a cumulative return of -0.85141.
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 2019-10-22 (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 Japan AlphaDEX Fund ($FJP)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling First Trust Japan AlphaDEX Fund ($FJP) 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.