Technical Analysis for SCIO - First Trust Structured Credit Income Opportunities ETF
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | N/A | Flat | Flat |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Stochastic Buy Signal | Bullish | -0.15% | |
| Narrow Range Bar | Range Contraction | -0.15% | |
| MACD Bearish Centerline Cross | Bearish | -0.02% | |
| Narrow Range Bar | Range Contraction | -0.02% | |
| Stochastic Buy Signal | Bullish | -0.12% | |
| Narrow Range Bar | Range Contraction | -0.12% | |
| Non-ADX 1,2,3,4 Bullish | Bullish Swing Setup | -0.05% | |
| Narrow Range Bar | Range Contraction | -0.05% | |
| Narrow Range Bar | Range Contraction | -0.33% | |
| Oversold Stochastic | Weakness | -0.33% |
| Alert | Time |
|---|---|
| Gapped Down (Full) | 23 days ago |
| Fell Below Lower Bollinger Band | 23 days ago |
| Fell Below 50 DMA | 23 days ago |
| Fell Below Previous Day's Low | 23 days ago |
| Down 1% | 23 days ago |
Free Daily (Stock) Chart Reading
First Trust Structured Credit Income Opportunities ETF Description
SCIO aims to seize opportunities within the structured credit investment space through a relative value approach. The strategy combines quantitative and qualitative methods to evaluate risk-reward profiles. The funds investments include agency and non-agency-issued RMBS, CMBS, CLOs, and ABS, with at least 50% consisting of pass-through securities, as well as mortgage-related securities such as CMOs, SMBs, REMIC, and mortgage dollar rolls. Additionally, derivatives such as futures, forwards, options, and swaps may be used to enhance returns, manage risks, and maintain market exposure. Up to 60% of the holdings may consist of sub-investment grade securities, including distressed ones. Utilizing third-party models, the fund aims to maintain a weighted average portfolio duration of -1 to +6 years. The fund may enter short sale transactions.
Classification
Keywords: Structured Finance Mortgage Backed Security Fixed Income Securities Real Estate Mortgage Investment Conduit Commercial Mortgage Backed Security
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 20.5457 |
| 52 Week Low | 19.6738 |
| Average Volume | 751 |
| 200-Day Moving Average | 0.00 |
| 50-Day Moving Average | 20.28 |
| 20-Day Moving Average | 20.38 |
| 10-Day Moving Average | 20.32 |
| Average True Range | 0.03 |
| RSI (14) | 46.52 |
| ADX | 20.0 |
| +DI | 39.28 |
| -DI | 48.89 |
| Chandelier Exit (Long, 3 ATRs) | 20.45 |
| Chandelier Exit (Short, 3 ATRs) | 20.37 |
| Upper Bollinger Bands | 20.54 |
| Lower Bollinger Band | 20.22 |
| Percent B (%b) | 0.27 |
| BandWidth | 1.57 |
| MACD Line | 0.00 |
| MACD Signal Line | 0.02 |
| MACD Histogram | -0.021 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 20.31 | ||||
| Resistance 3 (R3) | 20.31 | 20.31 | 20.31 | ||
| Resistance 2 (R2) | 20.31 | 20.31 | 20.31 | 20.31 | |
| Resistance 1 (R1) | 20.31 | 20.31 | 20.31 | 20.31 | 20.31 |
| Pivot Point | 20.31 | 20.31 | 20.31 | 20.31 | 20.31 |
| Support 1 (S1) | 20.31 | 20.31 | 20.31 | 20.31 | 20.31 |
| Support 2 (S2) | 20.31 | 20.31 | 20.31 | 20.31 | |
| Support 3 (S3) | 20.31 | 20.31 | 20.31 | ||
| Support 4 (S4) | 20.31 |
