Technical Analysis for FV - First Trust Dorsey Wright Focus 5 ETF
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| A | 57.96 | 0.42% | 0.24 |
FV closed up 0.42 percent on Friday, July 5, 2024, on 46 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| New 52 Week Closing High | Bullish | 0.00% | |
| Bollinger Band Squeeze | Range Contraction | 0.00% | |
| New 52 Week High | Strength | 0.00% | |
| Stochastic Reached Overbought | Strength | 0.00% | |
| Gapped Up | Strength | 0.00% | |
| Overbought Stochastic | Strength | 0.00% | |
| Up 3 Days in a Row | Strength | 0.00% | |
| MACD Bullish Signal Line Cross | Bullish | 0.42% | |
| Bollinger Band Squeeze | Range Contraction | 0.42% | |
| BB Squeeze Started | Range Contraction | 0.42% |
| Alert | Time |
|---|---|
| Rose Above Upper Bollinger Band | about 19 hours ago |
| Rose Above Previous Day's High | about 23 hours ago |
| Rose Above Previous Day's High | 3 days ago |
| 10 DMA Resistance | 4 days ago |
| Shooting Star Candlestick Entry | 5 days ago |
Get a Trading Assistant
Let us help you stay on top of your investments. We will alert you to important technical developments on your
portfolio & watchlist.
Configure default chart indicators
Basic chart:
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dorsey Wright Focus Five Index (the "index").
The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in the exchange-traded funds ("ETFs") that comprise the index. The index is designed to provide targeted exposure to the five First Trust sector-based ETFs that the index Provider believes offer the greatest potential to outperform the other ETFs in the selection universe. The fund is non-diversified.
Keywords: Exchange Traded Fund ETF Exchange Traded Funds Index Fund Dow Jones Industrial Average Index First Trust Etf Securities
Classification
Keywords: Exchange Traded Fund ETF Exchange Traded Funds Index Fund Dow Jones Industrial Average Index First Trust Etf Securities
Top 10 Components
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Date | Title |
|---|---|
| Apr 15 | FV: Examining The First Trust Dorsey Wright FOF ETF |
| Indicator | Value |
|---|---|
| 52 Week High | 58.0024 |
| 52 Week Low | 41.0177 |
| Average Volume | 101,169 |
| 200-Day Moving Average | 51.69 |
| 50-Day Moving Average | 56.15 |
| 20-Day Moving Average | 57.06 |
| 10-Day Moving Average | 57.23 |
| Average True Range | 0.64 |
| RSI (14) | 61.98 |
| ADX | 16.03 |
| +DI | 31.58 |
| -DI | 18.59 |
| Chandelier Exit (Long, 3 ATRs) | 56.07 |
| Chandelier Exit (Short, 3 ATRs) | 56.90 |
| Upper Bollinger Bands | 58.15 |
| Lower Bollinger Band | 55.97 |
| Percent B (%b) | 0.91 |
| BandWidth | 3.83 |
| MACD Line | 0.39 |
| MACD Signal Line | 0.35 |
| MACD Histogram | 0.0352 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 58.47 | ||||
| Resistance 3 (R3) | 58.43 | 58.22 | 58.39 | ||
| Resistance 2 (R2) | 58.22 | 58.09 | 58.24 | 58.36 | |
| Resistance 1 (R1) | 58.09 | 58.00 | 58.15 | 58.13 | 58.33 |
| Pivot Point | 57.87 | 57.87 | 57.91 | 57.90 | 57.87 |
| Support 1 (S1) | 57.75 | 57.74 | 57.81 | 57.79 | 57.59 |
| Support 2 (S2) | 57.53 | 57.66 | 57.55 | 57.56 | |
| Support 3 (S3) | 57.40 | 57.53 | 57.53 | ||
| Support 4 (S4) | 57.45 |
