(FAB) First Trust Multi Cap Value - Ratings and Ratios

The First Trust Multi Cap Value AlphaDEX® Fund (NASDAQ:FAB) is an ETF designed to track the performance of the NASDAQ US Value Index, which utilizes the AlphaDEX® selection methodology. The fund typically allocates at least 90% of its net assets to securities included in the index, which is built by selecting value stocks from the NASDAQ US 500 Large Cap Index, NASDAQ US 600 Mid Cap Index, and NASDAQ US 700 Small Cap Index. The AlphaDEX® methodology employs a rules-based, quantitative approach to identify value stocks with the potential to generate positive alpha relative to traditional indices. For more information, visit http://www.ftportfolios.com/.

The funds strategy focuses on value stocks, which are typically characterized by lower valuations relative to their fundamentals. By leveraging the AlphaDEX® methodology, the fund aims to enhance returns by selecting securities with strong value characteristics, such as low price-to-book and price-to-earnings ratios. This approach is designed to outperform broader market indices over the long term. The funds diversification across large-cap, mid-cap, and small-cap stocks provides exposure to a broad range of value opportunities in the U.S. market.

Ticker Symbol: FAB
Exchange: NASDAQ
Type: ETF
Country Origin: USA
ETF Category: Mid-Cap Value

Average Volume 20d: 7537
Last Price: 79.28
SMA 20: 82.82
SMA 50: 83.19
SMA 200: 82.34
ATR: 0.85

AUM: 122.32M USD

3-month forecast: Based on the technical and fundamental data, the fund is expected to face headwinds in the short term. The last price of 79.28 is below the SMA 20 (82.82), SMA 50 (83.19), and SMA 200 (82.34), indicating bearish momentum. The average volume of 7,537 shares suggests moderate liquidity, which could amplify price movements. The ATR of 0.85 indicates low volatility, but the recent price decline may signal increased selling pressure. The funds AUM of $122.32 million reflects its moderate size, which could impact its ability to navigate market volatility. The funds focus on value stocks may provide support if market sentiment shifts toward defensive strategies. Key resistance levels to monitor include the SMA 50 at 83.19 and the SMA 200 at 82.34.