(RFDI) First Trust RiverFront - Ratings and Ratios

The First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) is designed to primarily invest in equity securities of companies located in developed international markets. The fund allocates at least 80% of its net assets to these investments, which include common stocks, depositary receipts, and shares of real estate investment trusts (REITs). To manage currency exposure, the fund employs forward foreign currency exchange contracts and currency spot transactions. These strategies aim to hedge against the risks associated with fluctuations in foreign currencies. For more information, visit http://www.ftportfolios.com/.

The ETF is listed on the NASDAQ exchange under the ticker symbol RFDI and is classified as a Foreign Large Value fund. It has an average trading volume of 15,978 shares over the past 20 days, with a last price of $66.04. The funds performance is tracked using key moving averages: SMA 20 at $65.51, SMA 50 at $63.52, and SMA 200 at $63.53. The Average True Range (ATR) is 0.58, indicating relatively low volatility. The funds assets under management (AUM) amount to $112.92 million.

3-Month Forecast: Based on the provided data, the fund is expected to experience moderate trading activity over the next three months. The current price of $66.04 is slightly above the SMA 20 but below the SMA 50 and SMA 200, suggesting potential stabilization or a slight rebound. The low ATR of 0.58 indicates that price fluctuations are likely to remain limited, with a forecasted range between $65.46 and $66.62.