First Trust Dorsey Wright International ETF Forecast

$20.00
+0.0500 (+0.251%)
At Close: Mar 28, 2024
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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Green day on Thursday for First Trust Dorsey Wright International ETF after gaining 0.251%
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 20, 2024 Gain 2.62% PDF

The First Trust Dorsey Wright International ETF price gained 0.251% on the last trading day (Thursday, 28th Mar 2024), rising from $19.95 to $20.00. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the ETF fluctuated 1.66% from a day low at $19.86 to a day high of $20.19. The price has risen in 6 of the last 10 days and is up by 1.32% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 29 thousand more shares were traded than the day before. In total, 44 thousand shares were bought and sold for approximately $884.88 thousand.

The ETF lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 4.11% during the next 3 months and, with a 90% probability hold a price between $20.08 and $21.18 at the end of this 3-month period.

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IFV Signals & Forecast

The First Trust Dorsey Wright International ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $19.89 and $19.65. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 5.93%. Further rise is indicated until a new top pivot has been found. First Trust Dorsey Wright International has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The ETF had a Golden Star Signal on Thursday, January 25, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.

Buy
Special Signal Notification

Golden Star

The ETF had a Golden Star Signal on Thursday, January 25, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.

Support, Risk & Stop-loss for First Trust Dorsey Wright International ETF

First Trust Dorsey Wright International finds support from accumulated volume at $19.55 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the ETF moved $0.330 between high and low, or 1.66%. For the last week the ETF has had daily average volatility of 1.26%.

Our recommended stop-loss: $19.07 (-4.65%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 31 days ago.)

Trading Expectations (IFV) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect First Trust Dorsey Wright International Focus 5 ETF to open at $20.02, and during the day (based on 14 day Average True Range), to move between $19.76 and $20.24, which gives a possible trading interval of +/-$0.243 (+/-1.21%) up or down from last closing price. If First Trust Dorsey Wright International Focus 5 ETF takes out the full calculated possible swing range there will be an estimated 2.43% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $19.55, some $0.450 (2.25%) from the current price of $20.00, our system finds the risk reward attractive.

Is First Trust Dorsey Wright International Focus 5 ETF ETF A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for First Trust Dorsey Wright International ETF to perform well in the short-term.

Current score: 3.916 Buy Candidate Unchanged

Predicted Opening Price for First Trust Dorsey Wright International Focus 5 ETF of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$20.02 ( 0.0833%) $20.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for IFV

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 20.35 1.73 %
R2 20.22 1.10 %
R1 20.14 0.714 %
Current price: 20.00
Support S1 19.89 -0.547 %
S2 19.81 -0.94 %
S3 19.69 -1.57 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 20.00
Support S1 19.55 -2.25%
S2 19.26 -3.70%
S3 18.93 -5.35%

IFV Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 21, 2024 Mar 21, 2024 Mar 28, 2024 $0.0733 0.367%
2 Dec 22, 2023 Dec 22, 2023 Dec 29, 2023 $0.178 0.91%
3 Sep 21, 2023 Sep 22, 2023 Sep 29, 2023 $0.0490 0.276%
4 Jun 26, 2023 Jun 27, 2023 Jun 30, 2023 $0.308 1.70%
5 Mar 23, 2023 Mar 24, 2023 Mar 31, 2023 $0.0270 0.157%

FAQ

What is the symbol for First Trust Dorsey Wright International Focus 5 ETF ETF and on which exchange is it traded?
The symbol for First Trust Dorsey Wright International Focus 5 ETF is IFV and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell First Trust Dorsey Wright International Focus 5 ETF ETF?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for First Trust Dorsey Wright International ETF to perform well in the short-term.

How to buy First Trust Dorsey Wright International Focus 5 ETF ETF?
First Trust Dorsey Wright International Focus 5 ETF ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy First Trust Dorsey Wright International Focus 5 ETF ETF.

What's the current price of First Trust Dorsey Wright International Focus 5 ETF ETF?
As of the end of day on the 2024-03-28, the price of an First Trust Dorsey Wright International Focus 5 ETF (IFV) share was $20.00.

What is the 52-week high and low for First Trust Dorsey Wright International Focus 5 ETF ETF?
The 52-week high for First Trust Dorsey Wright International Focus 5 ETF ETF is $20.19 and the 52-week low is $16.80.

What is the market capitalization of First Trust Dorsey Wright International Focus 5 ETF ETF?
As of the 2024-03-28, the market capitalization of First Trust Dorsey Wright International Focus 5 ETF is 193.336M.
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About First Trust Dorsey Wright International Focus 5 ETF

The investment seeks investment results that correspond generally to the price and yield (before fees and expenses) of an index called the Dorsey Wright International Focus Five Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the exchange-traded funds ("ETFs") that comprise the index. The ETFs in which the fund invests are advised by First Trust Advisors L.P., the fund's investment adv... IFV Profile

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