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Index Trend Analysis Report
Prepared for you on Sunday, January 29, 2023.
First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)
Long-Term Uptrend (+90) - RDVY is in a strong uptrend that is likely to continue. While RDVY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid RDVY?
MarketClub looks at technical strength and momentum to determine if the timing is right for RDVY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RDVY
The long-term trend has been UP since Nov 15th, 2022 at 46.694
The intermediate-term trend has been UP since Jan 9th, 2023 at 45.458
The short-term trend has been UP since Jan 23rd, 2023 at 46.596
Smart Scan Analysis for RDVY
Based on our trend formula, RDVY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 47.456 | 47.701 | 47.250 | 47.442 | -0.016 |
| Prev. Close | Volume | Bid | Ask | Time |
| 47.440 | 0 | 2023-01-27 17:06:16 |
| Year High | 32 | Year High Date | 2018-01-29 |
| Year Low | 27.99 | Year Low Date | 2018-10-29 |
| 52wk High | 52.33 | 52wk High Date | 2022-02-10 |
| 52wk Low | 38.34 | 52wk Low Date | 2022-10-13 |
| Average Volume | 758,125 | Shares Outstanding | 176,300 |
| Market Cap | 812M | Volatility | 20.83 |