First Trust Exchange-Traded Fund III ETF Forecast

$64.27
-0.0200 (-0.0311%)
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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First Trust Exchange-Traded Fund III ETF price ended at $64.27 on Thursday, after losing 0.0311%.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 29, 2024 Gain 3.01% PDF

The First Trust Exchange-Traded Fund III ETF price fell by -0.0311% on the last day (Thursday, 28th Mar 2024) from $64.29 to $64.27. During the last trading day the ETF fluctuated 0.0779% from a day low at $64.22 to a day high of $64.27. The price has risen in 7 of the last 10 days and is up by 1.41% over the past 2 weeks. 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 -2 thousand shares and in total, 1 thousand shares were bought and sold for approximately $74.30 thousand.

The ETF lies in the upper part of a narrow and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $64.69 will firstly indicate a stronger rate of rising. Given the current short-term trend, the ETF is expected to rise 6.32% during the next 3 months and, with a 90% probability hold a price between $66.29 and $68.78 at the end of this 3-month period.

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RFDI Signals & Forecast

The First Trust Exchange-Traded Fund III 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 $64.00 and $62.88. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, March 20, 2024, and so far it has fallen -0.0622%. 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. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for First Trust Exchange-Traded Fund III ETF

First Trust Exchange-Traded Fund III finds support from accumulated volume at $63.92 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the ETF During the last day, the ETF moved $0.0500 between high and low, or 0.0779%. For the last week the ETF has had daily average volatility of 0.229%

Our recommended stop-loss: $61.75 (-3.92%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 6 days ago.)

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

For the upcoming trading day on Monday, 1st we expect First Trust Exchange-Traded Fund III RiverFront Dynamic Developed Intl ETF to open at $64.25, and during the day (based on 14 day Average True Range), to move between $63.92 and $64.62, which gives a possible trading interval of +/-$0.351 (+/-0.55%) up or down from last closing price. If First Trust Exchange-Traded Fund III RiverFront Dynamic Developed Intl ETF takes out the full calculated possible swing range there will be an estimated 1.09% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $64.29 (0.03%) than the support at $63.92 (0.54%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is First Trust Exchange-Traded Fund III RiverFront Dynamic Developed Intl 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 Exchange-Traded Fund III ETF to perform well in the short-term.

Current score: 2.167 Buy Candidate Unchanged

Predicted Opening Price for First Trust Exchange-Traded Fund III RiverFront Dynamic Developed Intl ETF of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$64.25 ( 0.0259%) $64.27

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

Trading levels for RFDI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 64.30 0.0519 %
R2 64.28 0.0221 %
R1 64.27 0.0038 %
Current price: 64.27
Support S1 64.23 -0.0557 %
S2 64.22 -0.0740 %
S3 64.20 -0.104 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 64.31 0.0622 %
R1 64.29 0.0311 %
Current price 64.27
Support S1 63.92 -0.537%
S2 61.81 -3.83%
S3 60.55 -5.79%

RFDI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 21, 2024 Mar 21, 2024 Mar 28, 2024 $0.257 0.401%
2 Dec 22, 2023 Dec 22, 2023 Dec 29, 2023 $0.157 0.257%
3 Sep 21, 2023 Sep 22, 2023 Sep 29, 2023 $0.168 0.302%
4 Jun 26, 2023 Jun 27, 2023 Jun 30, 2023 $1.16 2.03%
5 Dec 22, 2022 Dec 23, 2022 Dec 30, 2022 $0.541 1.02%

FAQ

What is the symbol for First Trust Exchange-Traded Fund III RiverFront Dynamic Developed Intl ETF ETF and on which exchange is it traded?
The symbol for First Trust Exchange-Traded Fund III RiverFront Dynamic Developed Intl ETF is RFDI and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell First Trust Exchange-Traded Fund III RiverFront Dynamic Developed Intl 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 Exchange-Traded Fund III ETF to perform well in the short-term.

How to buy First Trust Exchange-Traded Fund III RiverFront Dynamic Developed Intl ETF ETF?
First Trust Exchange-Traded Fund III RiverFront Dynamic Developed Intl 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 Exchange-Traded Fund III RiverFront Dynamic Developed Intl ETF ETF.

What's the current price of First Trust Exchange-Traded Fund III RiverFront Dynamic Developed Intl ETF ETF?
As of the end of day on the 2024-03-28, the price of an First Trust Exchange-Traded Fund III RiverFront Dynamic Developed Intl ETF (RFDI) share was $64.27.

What is the 52-week high and low for First Trust Exchange-Traded Fund III RiverFront Dynamic Developed Intl ETF ETF?
The 52-week high for First Trust Exchange-Traded Fund III RiverFront Dynamic Developed Intl ETF ETF is $64.42 and the 52-week low is $52.98.

What is the market capitalization of First Trust Exchange-Traded Fund III RiverFront Dynamic Developed Intl ETF ETF?
As of the 2024-03-28, the market capitalization of First Trust Exchange-Traded Fund III RiverFront Dynamic Developed Intl ETF is 125.776M.
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