First Trust Morningstar Dividend Leaders Index Fund (FDL)

First Trust Morningstar Dividend Leaders Index Fund is trading at $52.96, up 1.22% on the session. The 50 day average sits at $50.63 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 67, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $50.99 with resistance near $53.16, so that band frames the current range. Average daily movement is roughly $0.63, or about 1.2% of the share price, which is what any stop placement has to allow for. The overall health score of 77 out of 100 combines a trend score of 72, momentum of 79 and a risk score of 84.

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to measure the performance of the 100 highest-yielding stocks that have a consistent record of dividend payment and have the ability to sustain their dividend payments. It is non-diversified.