


Technical Sentiment Analysis for First Trust Mid Cap Value AlphaDEX Fund (FNK). As of 2026-03-11, First Trust Mid Cap Value AlphaDEX Fund (FNK) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 5 indicators are flashing buy, while 7 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for FNK stands at 32.64, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.45, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 20.77 and the Commodity Channel Index (CCI) at -159.79 further confirm a -2.77 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, FNK is trading above its 60-day moving average of $58.4 and above its 200-day long-term moving average of $55.15. Key price levels to watch include the immediate resistance at $60.55 and strong support at $56.47. A break above $60.55 could signal a bull continuation, while falling below $56.47 may test the next Fibonacci floor at $54.29.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 52.39 | 54.29 | 56.47 | 58.37 | 60.55 | 62.45 | 64.62 |
| Fibonacci | 54.29 | 55.85 | 56.81 | 58.37 | 59.93 | 60.89 | 62.45 |
2026-03-11
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 32.64 |
| Stochastic Oscillator | 20.77 |
| Stochastic RSI | 18.23 |
| Commodity Channel Index (CCI) | -159.79 |
| Awesome Oscillator | -1.85 |
| Momentum | -2.77 |
| MACD | -0.45 |
2026-03-11
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 57.6 | Sell |
| 10-Day | 58.64 | Sell |
| 20-Day | 59.49 | Sell |
| 60-Day | 58.4 | Sell |
| 200-Day | 55.15 | Buy |
| 250-Day | 53.88 | Buy |