Why First Trust BICK Index Fund ($BICK) Is Acting Slightly Strange (2019-11-19)

REPORTING FOR 2019-11-19 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how BICK has been trading over the last 2 weeks and the past day especially. On its latest session, First Trust BICK Index Fund ($BICK) opened at 27.215, reaching a high of 27.2572 and a low of 27.1919 before closing at a price of 27.216. There was a total volume of 1859.

VOLUME INDICATORS FOR FIRST TRUST BICK INDEX FUND ($BICK): We saw an accumulation-distribution index of 104.18066, an on-balance volume of -27.31, chaikin money flow of 2.09479 and a force index of 0.16311. There was an ease of movement rating of 8e-05, a volume-price trend of 1.24472 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR FIRST TRUST BICK INDEX FUND ($BICK): We noted an average true range of 0.22589, bolinger bands of 27.29959, an upper bollinger band of 26.96641, lower bollinger band of 27.1919, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 27.22137, high band keltner channel of 27.17917, low band keltner channel of 27.26357, 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 27.1919, a donchian channel low band of 27.1919, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR FIRST TRUST BICK INDEX FUND ($BICK): We calculated a Moving Average Convergence Divergence (MACD) of -0.00264, a MACD signal of -0.00147, a MACD difference of -0.00117, a fast Exponential Moving Average (EMA) indicator of 27.1919, a slow Exponential Moving Average (EMA) indicator of 27.1919, 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 0.03864, a trix of 4.01331, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -1.17747, a KST Oscillator (KST) of 45.26227 and a KST Oscillator (KST Signal) of 45.26227 (leaving a KST difference of -1.13206). We also found an Ichimoku rating of 27.2361, an Ichimoku B rating of 27.2361, a Ichimoku visual trend A of 26.15826, an Ichimoku visual trend B of 26.34423, 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 BICK INDEX FUND ($BICK): 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 98.07592, a stochastic oscillator of 154.73934, a stochastic oscillator signal of 154.73934, a Williams %R rating of 54.73934 and an awesome oscillator of -0.01973.

RETURNS FOR FIRST TRUST BICK INDEX FUND ($BICK): There was a daily return of 4.52623, a daily log return of -0.43416 and a cumulative return of -0.43322.

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 2019-11-19 (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 BICK Index Fund ($BICK)…

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 BICK Index Fund ($BICK) 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

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