First Trust Emerging Markets AlphaDEX ETF Forecast

Sell candidate since Apr 15, 2025 Loss -0.23%

The First Trust Emerging Markets AlphaDEX ETF price fell by -0.229% on the last day (Wednesday, 16th Apr 2025) from $21.81 to $21.76. During the last trading day the ETF fluctuated 1.20% from a day low at $21.62 to a day high of $21.88. The price has fallen in 7 of the last 10 days and is down by -4.98% for this period. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -126 thousand shares and in total, 36 thousand shares were bought and sold for approximately $778.46 thousand.

The ETF is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect First Trust Emerging Markets AlphaDEX ETF with a 90% probability to be traded between $19.76 and $23.64 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETF seldom manage to go directly from the bottom of a trend up to the top. ETF turning up in the middle of a horizontal trend are therefore considered to be potential runners.

FEM Signals & Forecast

There are mixed signals in the ETF today. The First Trust Emerging Markets AlphaDEX ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the ETF. On further gains, the ETF will meet resistance from the long-term Moving Average at $22.55. On a fall, the ETF will find some support from the short-term average at $21.31. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Monday, April 14, 2025, and so far it has fallen -0.548%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this ETF may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss for First Trust Emerging Markets AlphaDEX ETF

First Trust Emerging Markets AlphaDEX finds support from accumulated volume at $21.38 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the ETF moved $0.260 between high and low, or 1.20%. For the last week the ETF has had daily average volatility of 1.94%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (FEM) For The Upcoming Trading Day Of Thursday 17th

For the upcoming trading day on Thursday, 17th we expect First Trust Emerging Markets AlphaDEX Fund to open at $21.75, and during the day (based on 14 day Average True Range), to move between $21.26 and $22.26, which gives a possible trading interval of +/-$0.504 (+/-2.32%) up or down from last closing price. If First Trust Emerging Markets AlphaDEX Fund takes out the full calculated possible swing range there will be an estimated 4.64% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $21.38 (1.75%) than the resistance at $22.19 (1.96%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is First Trust Emerging Markets AlphaDEX Fund ETF A Buy?

First Trust Emerging Markets AlphaDEX holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.

Current score: -1.953 Sell Candidate Unchanged

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Predicted Fair Opening Price

Predicted fair opening price on April 17, 2025 - $21.75 ( 0.0306%).