


Technical Sentiment Analysis for First Trust Europe AlphaDEX Fund (FEP). As of 2026-05-04, First Trust Europe AlphaDEX Fund (FEP) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 8 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for FEP stands at 51.58, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.44, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 51.82 and the Commodity Channel Index (CCI) at -45.99 further confirm a -1.32 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, FEP is trading above its 60-day moving average of $56.55 and above its 200-day long-term moving average of $53.15. Key price levels to watch include the immediate resistance at $58.52 and strong support at $56.41. A break above $58.52 could signal a bull continuation, while falling below $56.41 may test the next Fibonacci floor at $55.38.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 54.31 | 55.38 | 56.41 | 57.49 | 58.52 | 59.59 | 60.62 |
| Fibonacci | 55.38 | 56.19 | 56.68 | 57.49 | 58.29 | 58.79 | 59.59 |
2026-05-04
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 51.58 |
| Stochastic Oscillator | 51.82 |
| Stochastic RSI | 40.28 |
| Commodity Channel Index (CCI) | -45.99 |
| Awesome Oscillator | 1.37 |
| Momentum | -1.32 |
| MACD | 0.44 |
2026-05-04
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 57.41 | Buy |
| 10-Day | 57.45 | Buy |
| 20-Day | 57.69 | Buy |
| 60-Day | 56.55 | Buy |
| 200-Day | 53.15 | Buy |
| 250-Day | 51.86 | Buy |