In its most recent trading session, First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) dropped by -0.4% – here is what that looked like (as of 2020-01-06):
Why are these moves happning?? To understand this better, We ought to analyze some technical indicators. The most important ones are as follows:
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 -0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.075, an Accumulation/Distribution Index (ADI) of 0.075, an On-Balance Volume (OBV) of 25.109, and a Chaiikin Money Flow (CMF) of -12.631. 0.501
So what do these technical indicators mean? Let’s see. Consulting Trading View, this is what it all means:
That is what an analysis of technical indicators seems to indicate for First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI). 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.