


Technical Sentiment Analysis for First Trust Mid Cap Value AlphaDEX Fund (FNK). As of 2026-07-07, First Trust Mid Cap Value AlphaDEX Fund (FNK) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 9 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for FNK stands at 61.03, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.53, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 85.63 and the Commodity Channel Index (CCI) at 86.74 further confirm a 1.36 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, FNK is trading above its 60-day moving average of $59.81 and above its 200-day long-term moving average of $57.51. Key price levels to watch include the immediate resistance at $62.25 and strong support at $60.15. A break above $62.25 could signal a bull continuation, while falling below $60.15 may test the next Fibonacci floor at $58.93.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 58.04 | 58.93 | 60.15 | 61.04 | 62.25 | 63.14 | 64.36 |
| Fibonacci | 58.93 | 59.74 | 60.23 | 61.04 | 61.84 | 62.34 | 63.14 |
2026-07-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 61.03 |
| Stochastic Oscillator | 85.63 |
| Stochastic RSI | 83.57 |
| Commodity Channel Index (CCI) | 86.74 |
| Awesome Oscillator | 1.34 |
| Momentum | 1.36 |
| MACD | 0.53 |
2026-07-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 61.51 | Buy |
| 10-Day | 61.36 | Buy |
| 20-Day | 60.93 | Buy |
| 60-Day | 59.81 | Buy |
| 200-Day | 57.51 | Buy |
| 250-Day | 56.88 | Buy |