(FXN) First Trust Energy AlphaDEX - Ratings and Ratios

The First Trust Energy AlphaDEX® Fund (NYSE ARCA:FXN) is an ETF that primarily invests in energy sector stocks, leveraging the AlphaDEX® selection methodology to identify and select securities from the Russell 1000® Index. The fund allocates at least 90% of its net assets to the securities included in its underlying index, which is designed to generate positive alpha relative to traditional passive indices. The AlphaDEX® methodology employs a rules-based approach, evaluating factors such as price appreciation, sales, and other metrics to identify stocks with the potential for outperformance.

The funds modified equal-dollar weighted index aims to provide exposure to energy sector companies while minimizing concentration risk. By applying the AlphaDEX® methodology, the fund seeks to enhance returns compared to broader market indices. The ETF is designed for investors looking for targeted energy sector exposure with a focus on risk-adjusted performance.

Based on the provided data, the funds technical and fundamental outlook for the next three months can be analyzed as follows:

Average Volume 20d: 366,943 Last Price: 16.29 SMA 20: 16.89 SMA 50: 16.83 SMA 200: 17.12 ATR: 0.34

AUM: $392.48M USD

3-Month Forecast: - The funds short-term technical indicators suggest potential underperformance, as the SMA 20 and SMA 50 are below the SMA 200, indicating a bearish crossover. - The low ATR of 0.34 signals limited volatility, suggesting that downside risk may be constrained. - With an AUM of $392.48M, the fund maintains moderate liquidity, which could support stable trading activity. - Overall, the fund is expected to remain range-bound with a slight bearish bias, driven by broader energy sector dynamics and technical resistance levels.