


Technical Sentiment Analysis for First Trust Europe AlphaDEX Fund (FEP). As of 2026-05-22, First Trust Europe AlphaDEX Fund (FEP) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 8 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for FEP stands at 54.01, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.43, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 71.18 and the Commodity Channel Index (CCI) at 45.22 further confirm a -0.32 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, FEP is trading above its 60-day moving average of $56.62 and above its 200-day long-term moving average of $53.88. Key price levels to watch include the immediate resistance at $59.58 and strong support at $57.73. A break above $59.58 could signal a bull continuation, while falling below $57.73 may test the next Fibonacci floor at $56.76.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 55.89 | 56.76 | 57.73 | 58.6 | 59.58 | 60.45 | 61.43 |
| Fibonacci | 56.76 | 57.46 | 57.9 | 58.6 | 59.31 | 59.75 | 60.45 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 54.01 |
| Stochastic Oscillator | 71.18 |
| Stochastic RSI | 63 |
| Commodity Channel Index (CCI) | 45.22 |
| Awesome Oscillator | 0.36 |
| Momentum | -0.32 |
| MACD | 0.43 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 58.58 | Buy |
| 10-Day | 58.71 | Buy |
| 20-Day | 58.35 | Buy |
| 60-Day | 56.62 | Buy |
| 200-Day | 53.88 | Buy |
| 250-Day | 52.63 | Buy |