Technical Analysis for SCIO - First Trust Structured Credit Income Opportunities ETF
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | N/A | N/A | Flat |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Crossed Above 20 DMA | Bullish | 0.00% | |
| New Uptrend | Bullish | 0.00% | |
| Gapped Up | Strength | 0.00% | |
| New Downtrend | Bearish | 0.57% | |
| Down 3 Days in a Row | Weakness | 0.57% | |
| Down 4 Days in a Row | Weakness | 0.57% | |
| Gapped Down | Weakness | 0.57% | |
| Fell Below 20 DMA | Bearish | 0.30% | |
| Overbought Stochastic | Strength | 0.30% | |
| Down 3 Days in a Row | Weakness | 0.30% |
| Alert | Time |
|---|---|
| Rose Above 20 DMA | about 24 hours ago |
| Rose Above Previous Day's High | about 24 hours ago |
| Up 2 ATRs | about 24 hours ago |
| Up 1 ATR | about 24 hours ago |
| Rose Above Previous Day's High | 3 days ago |
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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 | 20.35 |
| 52 Week Low | 20.0124 |
| Average Volume | 8,752 |
| 200-Day Moving Average | 0.00 |
| 50-Day Moving Average | 0.00 |
| 20-Day Moving Average | 20.24 |
| 10-Day Moving Average | 20.29 |
| Average True Range | 0.05 |
| RSI (14) | 52.83 |
| ADX | 25.4 |
| +DI | 46.93 |
| -DI | 38.94 |
| Chandelier Exit (Long, 3 ATRs) | 20.21 |
| Chandelier Exit (Short, 3 ATRs) | 20.25 |
| Upper Bollinger Bands | 20.41 |
| Lower Bollinger Band | 20.08 |
| Percent B (%b) | 0.56 |
| BandWidth | 1.59 |
| MACD Line | 0.04 |
| MACD Signal Line | 0.05 |
| MACD Histogram | -0.0129 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 20.30 | ||||
| Resistance 3 (R3) | 20.31 | 20.30 | 20.30 | ||
| Resistance 2 (R2) | 20.30 | 20.29 | 20.30 | 20.29 | |
| Resistance 1 (R1) | 20.28 | 20.28 | 20.28 | 20.28 | 20.29 |
| Pivot Point | 20.27 | 20.27 | 20.27 | 20.27 | 20.27 |
| Support 1 (S1) | 20.26 | 20.26 | 20.25 | 20.25 | 20.24 |
| Support 2 (S2) | 20.25 | 20.26 | 20.25 | 20.24 | |
| Support 3 (S3) | 20.23 | 20.25 | 20.23 | ||
| Support 4 (S4) | 20.23 |
