First Trust Developed Markets Ex-US AlphaDEX Fund (NASDAQ:FDT) Jumped Up 0.3%, But Why?

For its latest trading sesion, First Trust Developed Markets Ex-US AlphaDEX Fund (NASDAQ:FDT) spiked up by 0.3% – here is what that looked like (as of 2019-12-24):

What is the cause of all this?? To understand this better, We ought to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.0, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.285, an Accumulation/Distribution Index (ADI) of 0.285, an On-Balance Volume (OBV) of 353.141, and a Chaiikin Money Flow (CMF) of -55.27. 1.567

So what do these technical indicators mean? Let’s see. According to Trading View, putting it all together gets the following:

So when putting all the technical indicators together, this is what you get. And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.