For its latest trading sesion, First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) dropped by -1.1% – here is what that looked like (as of 2020-01-06):
What’s the reason for these moves? To have a greater insight of what is happening, it is helpful 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 0.005, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.282, an Accumulation/Distribution Index (ADI) of 0.282, an On-Balance Volume (OBV) of 97.681, and a Chaiikin Money Flow (CMF) of 43.77. 1.0
Now let’s plug these indicators in. Consulting Trading View, this is what it all means:
That is what an analysis of technical indicators seems to indicate for First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV). 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.