In its latest trading session, First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) dropped by -1.8% – here is what that looked like (as of 2020-01-06):
What is the cause of all this?? To have a greater insight of what is happening, it is helpful 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 0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.124, an Accumulation/Distribution Index (ADI) of 0.124, an On-Balance Volume (OBV) of 50.081, and a Chaiikin Money Flow (CMF) of 21.65. 1.101
Now let’s take all these indicators into account. According to Trading View, putting it all together gets the following:
So there you have it – our analysis of First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV). 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.