


Technical Sentiment Analysis for First Trust Mid Cap Value AlphaDEX Fund (FNK). As of 2026-04-21, First Trust Mid Cap Value AlphaDEX Fund (FNK) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 9 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for FNK stands at 65.75, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.58, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 93.27 and the Commodity Channel Index (CCI) at 131.78 further confirm a 2.4 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, FNK is trading above its 60-day moving average of $58.59 and above its 200-day long-term moving average of $56.06. Key price levels to watch include the immediate resistance at $60.44 and strong support at $58.05. A break above $60.44 could signal a bull continuation, while falling below $58.05 may test the next Fibonacci floor at $56.94.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 55.66 | 56.94 | 58.05 | 59.32 | 60.44 | 61.71 | 62.83 |
| Fibonacci | 56.94 | 57.85 | 58.41 | 59.32 | 60.24 | 60.8 | 61.71 |
2026-04-21
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 65.75 |
| Stochastic Oscillator | 93.27 |
| Stochastic RSI | 94.83 |
| Commodity Channel Index (CCI) | 131.78 |
| Awesome Oscillator | 1.93 |
| Momentum | 2.4 |
| MACD | 0.58 |
2026-04-21
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 59.57 | Buy |
| 10-Day | 59.17 | Buy |
| 20-Day | 58.09 | Buy |
| 60-Day | 58.59 | Buy |
| 200-Day | 56.06 | Buy |
| 250-Day | 54.91 | Buy |