


Technical Sentiment Analysis for First Trust Mid Cap Value AlphaDEX Fund (FNK). As of 2026-06-12, First Trust Mid Cap Value AlphaDEX Fund (FNK) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 10 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 68.41, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.49, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 89.49 and the Commodity Channel Index (CCI) at 199.31 further confirm a 2.08 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, FNK is trading above its 60-day moving average of $58.8 and above its 200-day long-term moving average of $57.13. Key price levels to watch include the immediate resistance at $61.38 and strong support at $59. A break above $61.38 could signal a bull continuation, while falling below $59 may test the next Fibonacci floor at $57.92.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 56.63 | 57.92 | 59 | 60.3 | 61.38 | 62.67 | 63.75 |
| Fibonacci | 57.92 | 58.83 | 59.39 | 60.3 | 61.21 | 61.77 | 62.67 |
2026-06-12
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 68.41 |
| Stochastic Oscillator | 89.49 |
| Stochastic RSI | 86.66 |
| Commodity Channel Index (CCI) | 199.31 |
| Awesome Oscillator | 1.16 |
| Momentum | 2.08 |
| MACD | 0.49 |
2026-06-12
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 60.57 | Buy |
| 10-Day | 60.08 | Buy |
| 20-Day | 59.48 | Buy |
| 60-Day | 58.8 | Buy |
| 200-Day | 57.13 | Buy |
| 250-Day | 56.34 | Buy |