Why First Trust Dorsey Wright International Focus 5 ETF ($IFV) Is Acting Slightly Strange (2019-11-12)

REPORTING FOR 2019-11-12 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how IFV has been trading over the last 2 weeks and the past day especially. On its latest session, First Trust Dorsey Wright International Focus 5 ETF ($IFV) opened at 19.82, reaching a high of 20.04 and a low of 19.82 before closing at a price of 20.04. There was a total volume of 51629.

VOLUME INDICATORS FOR FIRST TRUST DORSEY WRIGHT INTERNATIONAL FOCUS 5 ETF ($IFV): We saw an accumulation-distribution index of 96.04924, an on-balance volume of 19.84, chaikin money flow of 1.0 and a force index of 0.04158. There was an ease of movement rating of -0.00029, a volume-price trend of 0.61966 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR FIRST TRUST DORSEY WRIGHT INTERNATIONAL FOCUS 5 ETF ($IFV): We noted an average true range of 0.14661, bolinger bands of 19.82498, an upper bollinger band of 19.81762, lower bollinger band of 19.82, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 19.89333, high band keltner channel of 19.67333, low band keltner channel of 20.11333, 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 19.82, a donchian channel low band of 19.82, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR FIRST TRUST DORSEY WRIGHT INTERNATIONAL FOCUS 5 ETF ($IFV): We calculated a Moving Average Convergence Divergence (MACD) of 6e-05, a MACD signal of 3e-05, a MACD difference of 3e-05, a fast Exponential Moving Average (EMA) indicator of 19.82, a slow Exponential Moving Average (EMA) indicator of 19.82, 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 0.39446, a trix of 2.8274, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -0.59333, a KST Oscillator (KST) of 30.85963 and a KST Oscillator (KST Signal) of 30.85963 (leaving a KST difference of 0.03381). We also found an Ichimoku rating of 19.93, an Ichimoku B rating of 19.93, a Ichimoku visual trend A of 19.39213, an Ichimoku visual trend B of 19.43518, 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 DORSEY WRIGHT INTERNATIONAL FOCUS 5 ETF ($IFV): 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 100.0, a stochastic oscillator of 100.0, a stochastic oscillator signal of 100.0, a Williams %R rating of 141.55556 and an awesome oscillator of 0.03907.

RETURNS FOR FIRST TRUST DORSEY WRIGHT INTERNATIONAL FOCUS 5 ETF ($IFV): There was a daily return of 3.08596, a daily log return of 0.01312 and a cumulative return of 0.01312.

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 2019-11-12 (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 Dorsey Wright International Focus 5 ETF ($IFV)…

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 Dorsey Wright International Focus 5 ETF ($IFV) 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.

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