First Trust Mega Cap AlphaDEX Fund (NASDAQ:FMK) Fell By -0.2%, And Here’s Why

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In its most recent trading session, First Trust Mega Cap AlphaDEX Fund (NASDAQ:FMK) dropped by -0.2% – here is what that looked like (as of 2019-12-26):

What is the cause of all this?? To have a greater insight of what is happening, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:

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 0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.185, an Accumulation/Distribution Index (ADI) of 0.185, an On-Balance Volume (OBV) of 76.175, and a Chaiikin Money Flow (CMF) of 38.335. 1.0

Now let’s take all these indicators into account. Consulting Trading View, this is what it all means:

That is what an analysis of technical indicators seems to indicate for First Trust Mega Cap AlphaDEX Fund (NASDAQ:FMK). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.