


Technical Sentiment Analysis for First Trust Multi Cap Growth AlphaDEX Fund (FAD). As of 2026-05-01, First Trust Multi Cap Growth AlphaDEX Fund (FAD) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 9 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for FAD stands at 64.91, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 3.32, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 73.38 and the Commodity Channel Index (CCI) at 86.43 further confirm a 0.99 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, FAD is trading above its 60-day moving average of $166.99 and above its 200-day long-term moving average of $162.07. Key price levels to watch include the immediate resistance at $179.36 and strong support at $172.91. A break above $179.36 could signal a bull continuation, while falling below $172.91 may test the next Fibonacci floor at $169.54.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 166.46 | 169.54 | 172.91 | 175.99 | 179.36 | 182.44 | 185.81 |
| Fibonacci | 169.54 | 172 | 173.52 | 175.99 | 178.45 | 179.97 | 182.44 |
2026-05-01
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 64.91 |
| Stochastic Oscillator | 73.38 |
| Stochastic RSI | 65.12 |
| Commodity Channel Index (CCI) | 86.43 |
| Awesome Oscillator | 8.5 |
| Momentum | 0.99 |
| MACD | 3.32 |
2026-05-01
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 175.85 | Buy |
| 10-Day | 176.28 | Buy |
| 20-Day | 172.94 | Buy |
| 60-Day | 166.99 | Buy |
| 200-Day | 162.07 | Buy |
| 250-Day | 157.95 | Buy |